Stepping up to endless opportunities
India jumped 115 positions to 22nd (2019) from 137th (2014) on World Bank’s Ease of doing business - 'Getting Electricity' ranking. Moreover, India’s power sector is forecasted to attract investments worth $128.24-135.37 bn between FY19-23.
By 2026-27, all India power generation installed capacity will be nearly 620 GW, 38% of which will be from coal and 44% from renewable energy.
By 2029-20, all India power generation installed capacity will be more than 817 GW, 32% of which will be from coal and 53% from renewable energy.
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.
As per the latest key world energy statistics published by the IEA in 2019, India is the 3rd largest producer of electricity in the world and it ranks 106th in terms of per capita consumption in 2017.
Under the scheme Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY), with a total Scheme Outlay of $10.21 bn (DDUGJY: $5.79 bn and RE Component: $4.42 bn), projects with total cost of $5.85 bn have been sanctioned in 32 States/UTs. An additional amount of $1.92 bn has been sanctioned for the creation of additional infrastructure to support 100% household electrification.
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
Installed generation capacity
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
60 GW - Highest ever conventional power capacity addition in the last three years.
As of July 2020, India has a total Thermal installed capacity of 231.45 GW. Almost 86% of the thermal power is obtained from coal and the rest from Lignite, Diesel and Gas.
The private sector generates 46.9% of India’s thermal power whereas States and Centre generate 27.9% and 25.3% respectively. The electricity generation target of conventional sources for the year 2020-21 has been fixed as 1330 Billion Unit (BU). i.e. growth of around 6.33% over actual conventional generation of 1250.784 BU for the previous year (2019-20). This target comprises of 1138.533 BU thermal; 140.357 BU hydro; 43.880 nuclear; and 7.230 BU import from Bhutan.
Indian power sector is undergoing a significant change that has redefined the industry outlook. Sustained economic growth continues to drive electricity demand in India. The Government of India’s focus on attaining ‘Power for all’ has accelerated capacity addition in the country.
Under the One Nation One Grid
- The Transmission Line Capacity has increased to 4,25,071 cKm during FY 2019-20 as compared to 4,13,407 cKm during FY 2018-19
- The addition of Transformation Capacity was 9,67,893 MVA during FY 2019-20 as compared to 8,99,663 MVA during FY 2018-19
- The Inter-Regional Transmission Capacity Addition was 1,02,050 MW during FY 2019-20 as comapred to 99,050 MW during FY 2018-19
Expansion in industrial activity to boost demand for electricity
Growing urban & rural population is likely to boost demand for energy
Increasing per-capita power usage will provide further impetus to the energy industry
Ambitious projects across the value chain is leading to further power requirements
Highest ever coal production, increase of 74 mn tonnes in 2 years
One Nation-One Grid-One Frequency
11,921 ckm of Transmission lines (220 kV and above) and 35,760MVA Transformation capacity has been added during 2020