Summary:

According to a Motilal Oswal analysis, India's electricity industry presents an investment potential of more than $478.58 billion (Rs. 40 trillion) over the next decade. Of this, $406.80 billion (Rs. 34 trillion) will be allocated for capital expenditure. Key investment drivers include a compound annual growth rate (CAGR) increase in power consumption, infrastructure upgrades, and a transition to cleaner energy sources. These factors are fueled by India's real GDP growth, technological advancements, and electrification, which are expected to sustain rising power demand for years.

The study predicts that India's power consumption will increase by more than 7% over the next decade, driven by robust GDP growth and rising demand from industries such as electric vehicles (EVs) and data centers, which are projected to account for one-third of power demand growth by 2035. The report notes that India's energy trends are similar to those of early-2000s China, indicating substantial potential for growth. India's objectives at COP26 include achieving 500 GW of non-fossil capacity and net-zero emissions by 2070.

Source: IBEF 

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