India’s electricity demand will nearly quadruple by 2047. Solar and wind cannot carry that load alone. The time to build the next generation of baseload is not 2040 — it is today.
Disclosure: The author is co-founder of ASPL Fusion, a private Indian fusion company. This article presents an industry perspective on national energy policy. The policy arguments are grounded in publicly available data; the ASPL programme description in Section 5 is provided as a concrete illustration of what a domestic fusion development path can look like in practice.
At a Glance — For Decision-Makers
708 GW peak demand and 2,100 GW total capacity needed by 2047 — the equivalent of building a new US power grid from scratch.
Intermittent renewables alone cannot provide firm power — grid stability requires large-scale dispatchable baseload even with abundant storage.
Fusion now has serious private capital behind it: Microsoft, Google, and OpenAI are structuring power purchase agreements with fusion companies. India risks being a technology importer.
Three budget-cycle asks for 2026: fusion in National Energy Plan · dedicated component development fund · AERB regulatory engagement mandate.
Key Number
India’s Central Electricity Authority projects peak power demand reaching 708 GW by 2047 — four times today’s installed capacity. Meeting it requires 2,100 GW of generation: close to the entire current installed capacity of the US and EU combined. That is the scale of infrastructure build India must manage across the next two decades.
