Power Sector in India

India's power requirement is estimated to be 1,650.59 BUs in FY23, up from 1,275.53 BUs in FY21.

Advantage India

Growing
Demand

* India is the third-largest producer and second-largest consumer of electricity worldwide, with an installed power capacity of 395.07 GW, as of January 2022.

* Growing population along with increasing electrification and per-capita usage will provide further impetus. Power consumption is estimated to reach 1,894.7 TWh in 2022.

Attractive
Opportunities

* Under the Union Budget 2022-23, the government announced the issuance of sovereign green bonds, as well as conferring infrastructure status to energy storage systems, including grid-scale battery systems.

* In the same budget, Rs. 19,500 crore (US$ 2.57 billion) was allocated for a PLI scheme to boost manufacturing of high-efficiency solar modules.

Policy
Support

* 100% FDI allowed in the power sector has boosted FDI inflow in this sector.

* Schemes such as Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS) are expected to augment electrification across the country.

Higher
investments

* As per the National Infrastructure Pipeline 2019-25, energy sector projects accounted for the highest share (24%) out of the total expected capital expenditure of Rs. 111 lakh crore (US$ 1.4 trillion).

* Total FDI inflow in the power sector reached US$ 15.84 billion between April 2000 and December 2021.

Last updated: Apr, 2022

Posters

MORE

A BIG OPPORTUNINTY

India has US$ 250 billion investment opportunity in renewable energy

IBEF Campaigns

MORE
Experience India - Dubai Expo 2020

Experience India - Dubai Expo 2020

From the small towns and districts of India come the big-hearted artists wh...

Geographical Indicators of India

Geographical Indicators of India

The Geographical Indications Registry is set up for administration of the G...

Case Studies

MORE

India's Climate Vision

India's Climate Vision

Climate change and global warming are the biggest threats of the present time and how the world manages to control pollution will define our future. R...

Gati Shakti Programme

Gati Shakti Programme

Infrastructure is crucial to the development of any economy. Roads, railways, airways, and waterways enable connectivity with the outside world, facil...

DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY

DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY

India has a huge potential for digital payments. As of October 2021, the country had around 1.18 billion mobile connections, 700 million Internet user...

IBEF BLOG

MORE
Investing in India's Digital Revolution
26 May 2022

Investing in India's Digital Revolution

Introduction The Digital Revolution in India started with the Government o...

India's Progress in Electronic Components & Semiconductor Manufacturing
26 May 2022

India's Progress in Electronic Components & Semiconductor Manufacturing

Introduction The electronics manufacturing industry is one of the fastest-...

India – Global hub of Therapy
18 May 2022

India – Global hub of Therapy

Introduction India has one of the oldest healthcare systems in the world, ...

Loading...