New Delhi, Nov. 19 -- India is expected to add nearly 12 GW of thermal power capacity in the current financial year, significantly higher than the 4,530 MW added in FY25, according to people familiar with the developments.

The projected increase aligns with the power ministry's targets for the year and marks a notable shift after several consecutive years of underachievement, reported ET.

In FY25, thermal capacity addition fell 70 percent short of the target, while in FY24 and FY23 it was 63 percent and 77 percent below targets respectively.

So far this fiscal, thermal capacity additions have reached 5.8 GW, with another 2 GW likely to be commissioned shortly.

This would take total additions to around 7 GW within the first 9-10 months...