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 consumer of electricity worldwide, with an installed power capacity of 408.71 GW as of October 31, 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$ 16.39 billion between April 2000-June 2022.

Snapshot Showcase Infographics Reports

Last updated: Jan, 2023

Adani Power Limited

Adani Power Limited is engaged in providing electric power generation by coal-based thermal power plants and coal trading. Its business activity is undertaken at Mundra Thermal Power Plant of the company in Gujarat and Thermal Power Plant of its subsidiaries at Tiroda (Maharashtra), at Kawai (Rajasthan) and at Udupi (Karnataka). It has approximately five power projects. The company operates an aggregate of approximately 10,480 MW generation capacity comprising of over 4,620 MW at Mundra, approximately 3,300 MW at Tiroda, over 1,320 MW at Kawai, approximately 1,200 MW at Udupi, and over 40 MW (solar) at Kutch, Gujarat. It focuses to sell the power generated from these projects under a combination of long-term Power Purchase Agreement and on merchant basis. Its subsidiaries include Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Udupi Power Corporation Limited, and Adani Power Resources Limited.

Company Website: http://www.adanipower.com/

NTPC Limited

NTPC Limited is an India-based company, engaged in the generation and sale of electricity. The principal business activity of the company is the electric power generation by coal-based thermal power plants. The company's business segments include generation and others. The company's other business lines include providing consultancy, project management and supervision, re-gasification, oil and gas exploration and coal mining. The company has an installed capacity of 62,110 MW including joint ventures (JVs) with over 18 coal-based, seven gas-based and one hydro-based station. The company has approximately nine JV stations which are coal-based. It also holds approximately nine renewable energy projects. The company's subsidiaries include NTPC Electric Supply Company Limited, NTPC Vidyut Vyapar Nigam Limited, Kanti Bijlee Utpadan Nigam Limited, Bhartiya Rail Bijlee Company Limited, and Patratu Vidyut Utpadan Nigam Limited. NTPC plans a 5-Gigawatt Solar Power Park in Gujarat.

Company Website: https://www.ntpc.co.in/

Power Grid Corporation of India Limited

Power Grid Corporation of India Limited is a transmission company engaged in the power transmission business with responsibility for planning, implementation, operation and maintenance of inter-state transmission systems and operation of national and regional load dispatch centres. The company's segments include transmission and consultancy. The transmission segment includes extra high voltage/high voltage (EHV/HV) networks and grid management. It also owns EHV alternating current (AC) and HV direct current (HVDC) sub-stations. The consultancy segment includes planning, design, engineering, load dispatch, procurement management, operation and maintenance, financing, and project management.

Company Website: http://www.powergridindia.com/