India Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape
Summary
This report discusses the power market structure of India and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.
Scope
- Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
- Statistics for installed capacity, generation, and consumption from 2015 to 2023, and forecast for the next 12 years to 2035
- Capacity, generation, and major power plants by technology
- Data on leading active and upcoming power plants
- Information on transmission and distribution infrastructure, and electricity imports and exports
- Policy and regulatory framework governing the market
- Detailed analysis of top market participants, including market share analysis and SWOT analysis
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
- Identify key factors driving investment opportunities in the country’s power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development avenues
- Identify key strengths and weaknesses of important market participants
- Respond to your competitors’ business structure, strategy, and prospects
- 1 Executive Summary
- 1.1 India to achieve 500GW non fossil capacity target two years late in 2032.
- 1.2 Electricity consumption to grow at a consistent rate.
- 2 Introduction
- 2.1 India Power Market
- 2.2 GlobalData Report Guidance
- 3 India Power Market, Snapshot
- 3.1 Country Summary
- 3.2 Macroeconomic Factors
- 3.3 Supply Security
- 3.4 Opportunities
- 3.5 Challenges
- 3.6 Geopolitical Crisis
- 4 India Power Market, Market Analysis
- 4.1 Market Structure
- 4.2 Key Market Players
- 4.3 Financial Deals
- Deal Value and Volume, 2015-2023
- Deals by Type, 2023
- 4.4 India Power Market, Demand Structure
- Power Consumption by Sector, 2023
- 5 India Power Market, Regulatory Scenario
- 5.1 Renewable Energy Market, Overview
- 5.2 Policy Snapshot
- 5.3 Renewable Energy Targets
- 5.4 Electricity Act of 2003
- National Electricity Policy (NEP, 2022)
- National Electricity Policy (NEP, 2021)
- 5.5 Electricity (Amendment) Bill, 2022
- 5.6 National Renewable Energy Act, 2015
- 5.7 Cross Border Power Trade Regulation, 2020
- 5.8 Cross Border Electricity Trade, 2021
- 5.9 Scheme for Supply of Round-The-Clock (RTC) Renewable Energy
- 5.10 National Action Plan on Climate Change
- State Action Plan on Climate Change (SAPCC)
- 5.11 Amendments in National Tariff Policy
- 5.12 Renewable Energy Certificates
- REC Amendment 2021
- REC Amendment 2022
- 5.13 Memorandum- “Make in India” for Local Content in Renewable Energy Products
- 5.14 Memorandum-Quality of Solar Modules
- 5.15 National Wind-Solar Hybrid Policy
- 5.16 National Repowering and Life Extension Policy for Wind Power Projects
- 5.17 Quality Control Manual for Grid Connected Rooftop Solar PV Systems and Solar PV Water Pumping Systems
- 5.18 Green Term Ahead Market (GTAM)
- 5.19 Green Energy Corridor
- 5.20 Interstate Transmission Network System (ISTS)-Connected Wind-Solar Hybrid Power Projects
- 5.21 Extension on Waiver of Inter-State Transmission Charges
- 5.22 Union Budget Allocation
- 2023-2024
- 2022-2023
- 5.23 National Hydrogen Mission
- 5.24 Pradhan Mantri Suryodaya Yojana (PMSY)
- 5.25 Renewable Energy Auctions
- Auction Analysis
- 5.26 Feed-in-Tariffs.
- Small Hydro
- Bioenergy
- Solar Power
- Wind Power
- 5.27 Support for Renewable Energy, India
- Support for Solar Power
- Support for Wind Power
- Support for Biopower
- Support for Small Hydropower
- 6 India Power Market, Capacity and Generation
- 6.1 Cumulative Capacity Share by Technology, 2023
- 6.2 Total Power Capacity and Generation, 2015-2035
- 6.3 Thermal Power Capacity and Generation, 2015-2035
- 6.4 Hydropower Capacity and Generation, 2015-2035
- 6.5 Nuclear Power Capacity and Generation, 2015-2035
- 6.6 Renewable Power Capacity and Generation, 2015-2035
- 7 India Power Market, Transmission and Distribution Overview
- 7.1 Transmission Network
- 7.2 Distribution Network
- 7.3 Electricity Import and Export
- 7.4 Grid Interconnection
- 7.5 Electricity Trading
- 8 India Power Market, Major Generating Companies
- 8.1 NTPC Ltd
- Company Overview
- Business Description
- SWOT Overview
- 8.2 Maharashtra State Power Generation Co Ltd
- Company Overview
- Business Description
- SWOT Overview
- 8.3 Tata Power Co Ltd
- Company Overview
- Business Description
- SWOT Overview
- 8.4 Adani Power Ltd
- Company Overview
- Business Description
- SWOT Overview
- 9 Appendix
- 9.1 Abbreviations
- 9.2 Methodology
- Coverage
- Secondary Research
- Primary Research
- Modelling and Forecasting
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Power Market, India, Macroeconomic Factors, 2015-2030
- Table 2: Policy Snapshot, India, 2023
- Table 3: Renewable energy market, India, state-wise renewable energy targets vs actuals, 2022
- Table 4: Renewable Energy Market, India, Renewable Purchase Obligation (%), 2023-2030
- Table 5: Renewable Energy Certificate Volume, India, 2023-24
- Table 6: Minimum Module Efficiency required to be eligible for enlistment under ALMM
- Table 7: SECI 1.2GW ISTS Wind Solar Hybrid Power (Tranche-VI) Auction Results
- Table 8: ISTS waiver of Offshore Wind Power projects
- Table 9: ISTS waiver of Green Hydrogen and Green Ammonia projects
- Table 10: SECI 1.2GW Wind T-XIV Auction Results
- Table 11: Indicative Auction Tracjectory for Offshore Wind Power
- Table 12: Renewable Energy Auctions, India, 2018-2023
- Table 13: Renewable Energy Market, India, FiT for Small Hydro, 2019-2023
- Table 14: Renewable Energy Market, India, FiT for Biopower-based Power Plants, FY2022-23
- Table 15: Renewable Energy Market, India, Net Metering Regulations in Leading States
- Table 16: Renewable Energy Market, India, Net Metering and Gross Metering Policy, Karnataka
- Table 17: Power Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Table 18: Power Market, India, Cumulative Capacity and Annual Generation Share by Technology, 2015-2035
- Table 19: Thermal Power Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Table 20: Thermal Power Market, India, Major Plants, 2023
- Table 21: Hydropower Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Table 22: Hydropower Market, India, Major Plants, 2023
- Table 23: Nuclear Power Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Table 24: Nuclear Power Market, India, Major Plants, 2023
- Table 25: Renewable Power Market, India, Cumulative Capacity (GW), 2015-2035
- Table 26: Renewable Power Market, India, Annual Generation (TWh), 2015-2035
- Table 27: Renewable Power Market, India, Major Plants, 2023
- Table 28: Power Market, India, Transmission Line Length (Ckm) by Voltage Level, 2015-2028
- Table 29: Power Market, India, Distribution Line Length (Ckm) by Voltage Level, 2015-2028
- Table 30: Power Market, India, Annual Electricity Import and Export (TWh), 2015-2023
- Table 31: Power Market, India, Upcoming Interconnection Projects
- Table 32: Abbreviations
- List of Figures
- Figure 1: Power Market, India, Cumulative Capacity, 2030-2032
- Figure 2: Power Market, India, Annual Power Consumption, 2015-2035
- Figure 3: Power Market, India, Country Summary
- Figure 4: Power Market, India, Macroeconomic Factors, 2015-2030
- Figure 5: Power Market, India, Market Structure
- Figure 6: Power Market, India, Market Share of Generation Companies (%), 2023
- Figure 7: Power Market, India, Deal Value and Number of Deals, 2015-2023
- Figure 8: Power Market, India, Deals by Type (%), 2023
- Figure 9: Power Market, India, Annual Power Consumption, 2015-2035
- Figure 10: Power Market, India, Power Consumption by Sector (%), 2023
- Figure 11: Renewable Auctions, Auctioned Capacity (GW) Vs. Awarded Capacity (GW), India, 2017-2023
- Figure 12: Renewable Auctions, Awarded Capacity (GW) by Technology, India, 2017-2023
- Figure 13: Renewable Auctions, Solar PV Prices ($/MWh), India, 2017-2023
- Figure 14: Power Market, India, Cumulative Capacity Share by Technology (%), 2023
- Figure 15: Power Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 16: Power Market, India, Capacity Share by Technology, 2015-2035
- Figure 17: Power Market, India, Annual Generation Share by Technology, 2015-2035
- Figure 18: Thermal Power Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 19: Hydropower Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 20: Nuclear Power Market, India, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 21: Renewable Power Market, India, Cumulative Capacity, 2015-2035
- Figure 22: Renewable Power Market, India, Annual Generation, 2015-2035
- Figure 23: Power Market, India, Annual Electricity Import and Export, 2015-2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook