Report

Indian Power Sector Outlook 2037

The Government of India has made some bold announcements in the energy domain. While all the villages are planned to be electrified by 2018, the Government aims to make 24x7 “Power for All” a reality by 2019. India’s INDCs under the Paris Agreement target to reduce emissions intensity by 33%-35% by 2030 over 2005 levels, achieve 175 GW renewable energy capacity by 2022 and aim to increase the share of renewable energy capacity in the electricity mix at above 40% by 2030. India is on the verge of a major industrial revolution and NITI Aayog estimates the share of manufacturing in the GDP to increase to 25% from the present level of 16% by 2022.

In wake of the recent policy announcements and the rapidly evolving scenario, this report has been prepared with an objective to give an insight into the future power scenario for the next 20 years. The report gives a detailed coverage on the future energy requirement and demand, capacity addition from different fuel sources, estimated capital costs for setting up coal based power projects, future outlook of Indonesian coal prices and tariffs for the years FY 2021-22 and beyond upto FY 2036-37.


 
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