Power & Energy (Renewable And Non Renewable)
India's Power and Energy sector is one of the most diversified in the world, comprising both conventional (non-renewable) and non-conventional (renewable) sources. The country is the world's third-largest producer and consumer of electricity, with a rapidly growing appetite for clean energy to power its economic expansion while addressing climate commitments.
Non-Renewable Sources
- Coal: India has the world's 4th largest coal reserves. Coal-fired thermal power plants remain the backbone of India's electricity generation, contributing over 50% of total installed capacity.
- Oil and Natural Gas: India has oil and natural gas reserves in areas like Bombay High, Krishna-Godavari basin, and Assam. The country is one of the world's largest importers of crude oil, with a growing emphasis on strategic petroleum reserves and domestic exploration.
- Nuclear Power: India has 22 operational nuclear reactors generating about 2% of the country's electricity. The Department of Atomic Energy continues to expand nuclear capacity as part of the low-carbon energy mix.
Renewable Sources
- Solar Energy: India is among the top three solar power producers globally. Programs like the National Solar Mission and PM-KUSUM have scaled solar capacity dramatically, with ambitious targets for 500 GW of non-fossil capacity by 2030.
- Wind Energy: India is the 4th largest wind power producer in the world, with major installations in Tamil Nadu, Gujarat, Maharashtra, and Karnataka.
- Hydroelectric Power: Major rivers and dams support large and small hydropower projects, contributing significantly to India's renewable portfolio.
- Bio-energy: Biomass, biogas, and waste-to-energy initiatives are expanding, especially in rural areas, supporting both energy access and agricultural livelihoods.
- Green Hydrogen: The National Green Hydrogen Mission aims to position India as a global hub for green hydrogen production and export.
Government Initiatives
- Saubhagya Scheme: Universal household electrification program.
- UJALA Scheme: LED-based energy efficiency distribution program.
- Production Linked Incentive (PLI): PLI schemes for solar modules and advanced chemistry cells are catalyzing domestic manufacturing.
- International Solar Alliance (ISA): India-led global coalition to promote solar energy.
CWCCI actively engages with the Ministry of Power, Ministry of New and Renewable Energy, industry players, and international partners to promote investment, technology transfer, and policy dialogue in India's energy transition journey.
