Power Sector in India

India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 442.85 GW as of April 30, 2024.

Advantage India

Growing
Demand

*India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 442.85 GW as of April 30, 2024.

*Growing population along with increasing electrification and per-capita usage will provide further impetus. Power consumption in India in FY23 logged a 9.5% growth to 1,503.65 billion units (BU).​

*India has committed to augment non fossil fuel based installed electricity generation capacity to over 5,00,000 MW by 2031-32.​

Attractive
Opportunities

*In the Budget for 2024, the government's power sector initiatives have been allocated funds that are 50% higher. Increased funds have been allocated to green hydrogen, solar power, and green-energy corridors.

*To meet India’s 500 GW renewable energy target and tackle the annual issue of coal demand-supply mismatch, the Ministry of Power has identified 81 thermal units which will replace coal with renewable energy generation by 2026.​​

Policy
Support

*India has unveiled a comprehensive plan worth Rs. 9.15 lakh crore (US$ 109.50 billion) to enhance its power infrastructure and meet a projected demand of 458 GW by 2032. This initiative, led by the Ministry of Power under Prime Minister Narendra Modi, aims to strengthen the national power grid and boost energy security.​

*Cabinet approves PM-Surya Ghar: Muft Bijli Yojana for installing rooftop solar in One Crore households​.

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 inflows in the power sector reached US$ 18.28 billion between April 2000-March 2024.​​

*India’s power sector is expected to attract investment worth Rs. 17 lakh crore (US$ 205.31 billion) in next 5-7 years.​

Last updated: Jan, 2025

Top Power Producing States in India

  • Gujarat
  • Maharashtra
  • Tamil Nadu
  • Rajasthan
  • Karnataka
  • Uttar Pradesh
Major Electrical Manufacturing Plant in India

Posters

MORE
A BIG OPPORTUNINTY

A BIG OPPORTUNINTY

India has US$ 250 billion investment opportunity in renewable energy

IBEF Campaigns

MORE
Discover India 2024

Discover India 2024

APEDA is organizing participation in SIAL Paris 2024 scheduled to be held f...

Aatmanirbhar Bharat Utsav 2024

Aatmanirbhar Bharat Utsav 2024

Union Minister of External Affairs, Dr. S. Jaishankar and Union Commerce an...

Case Studies

MORE

E-commerce Revolution in India: Driving Growth in Rural Areas and Reshaping Consumer Behaviour

E-commerce Revolution in India: Driving Growth in Rural Areas and Reshaping Consumer Behaviour

In recent years, India has witnessed a transformative shift in its economic landscape, fuelled by the rapid growth of the e-commerce sector. The sprea...

India's Electric Vehicle Revolution: Trends, Challenges and Opportunities

India's Electric Vehicle Revolution: Trends, Challenges and Opportunities

The electric vehicle (EV) market around the globe is experiencing significant expansion, as countries aim to reduce carbon emissions and transition to...

India’s Renewable Energy Boom: The Power of Solar and Beyond

India’s Renewable Energy Boom: The Power of Solar and Beyond

India is undergoing a transformative shift toward renewable energy, driven by the need to sustainably meet its growing demand for electricity while re...

IBEF BLOG

MORE
Pradhan Mantri Awas Yojana: A Game Changer for Urban and Rural Housing
11 Feb 2025

Pradhan Mantri Awas Yojana: A Game Changer for Urban and Rural Housing

Pradhan Mantri Awas Yojana (PMAY) has been a landmark initiative in India&r...

How Will the National AYUSH Mission Shape the Future of Healthcare in India?
10 Feb 2025

How Will the National AYUSH Mission Shape the Future of Healthcare in India?

To enhance the accessibility, quality, and effectiveness of Indian healthca...

How Kerala's Rich Cultural Tourism and Thriving Industries Boost Its Economy
5 Feb 2025

How Kerala's Rich Cultural Tourism and Thriving Industries Boost Its Economy

Kerala is renowned for its diverse geographical features of stunning beache...

Partners
Loading...