The National Mission for Enhanced Energy Efficiency (NMEEE) is one of the eight missions under the National Action Plan on Climate Change (NAPCC). NMEEE aims to strengthen the market for energy efficiency by creating conducive regulatory and policy regime and has envisaged fostering innovative and sustainable business models to the energy efficiency sector. The Cabinet had approved the NMEEE document, and funding for two years of the 11th Plan period (2010-12) with an outlay of $ 36.23 million. Continuation of NMEEE for the 12th Plan was approved by Cabinet on 6th August, 2014 with a total outlay of $ 119.23. The Mission seeks to upscale the efforts to unlock the market for energy efficiency which is estimated to be around $ 11.385 billion. The activities during the 11th Plan period created the institutional and regulatory infrastructure. The NMEEE spelt out four initiatives to enhance energy efficiency in energy intensive industries which are as follows:
a) Perform, Achieve and Trade Scheme (PAT), a market based mechanism to enhance the cost effectiveness in improving the Energy Efficiency in Energy Intensive industries through certification of energy saving which can be traded.
b) Market Transformation for Energy Efficiency (MTEE), for accelerating the shift to energy efficient appliances in designated sectors through innovative measures to make the products more affordable.
c) Energy Efficiency Financing Platform (EEFP), for creation of mechanisms that would help finance demand side management programmes in all sectors by capturing future energy savings.
d) Framework for Energy Efficient Economic Development (FEEED), for development of fiscal instruments to promote energy efficiency.
Snapshot
Stepping up to endless opportunities
The government has electrified all unelectrified villages on April 28, 2018 ahead of the deadline May 1, 2018. A total of 25 states have achieved 100% household electrification.
India’s power sector is forecasted to attract investments worth INR 9-9.5 tn ($ 128.24-135.37 bn) between FY19-23.
The ministry of power in 2018-19 had setup an electricity generation target of 1,265 Billion Units (BU). The actual generation (1,249.337 BU) represented an achievement of 98.76% and a growth of about 3.57% from 2017.
India jumps 115 positions to 22nd (2019) from 137th (2014) on World Bank’s Ease of doing business - 'Getting Electricity' ranking.
100% FDI is allowed in the Power sector for generation from all sources (except atomic energy), transmission and distribution of electric energy and Power Trading under the automatic route
49% FDI allowed in Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 under automatic route
For further details, please refer FDI Policy
GW
Installed capacity of power stations
GW
Peak power requirement
%
Installed capacity CAGR (FY09–FY18)
%
Required hydropower capacity
3rd largest coal producer in the world
3rd largest number of nuclear reactors being installed in the world
3rd largest producer and 3rd largest consumer of electricity in the world
- INDUSTRY SCENARIO
- FOREIGN INVESTMENT
- INDUSTRY TRENDS
- POLICIES & SCHEMES
Industry Scenario
60 GW - Highest ever conventional power capacity addition in the last three years.
As of March 2018, India has a total thermal installed capacity of 222.90 GW. Almost 88% of the thermal power is obtained from coal and the rest is from diesel and gas.
The private sector generates close to 45.2% of India's thermal power, whereas States and Centre have a share of 24.6% and 30.2% respectively. The share of large hydro and nuclear energy in total installed capacity is approximately 13.2% and 2% respectively.
- Ministry of Power has taken various measures to achieve its aim of providing 24X7 affordable and environment-friendly 'Power for All’ by 2019.
Growth Drivers
Industrial expansion
Expansion in industrial activity to boost demand for electricity
Growing population
Growing urban & rural population is likely to boost demand for energy
Market advantage
Increasing per-capita power usage will provide further impetus to the energy industry
Increasing investments
Ambitious projects across the value chain is leading to further power requirements
Coal production
Highest ever coal production, increase of 74 mn tonnes in 2 years
Investible Projects
Investment Opportunities in
- Projects
44
- Opportunity
$537.18 mn
- Promoters
37
- District
38
- Private Projects
29
- Govt. Projects
15
Major Investors
Data On Map
Stakeholders
Government Ministry/Department
09 January,06:31 PM
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