INDIAN POWER INDUSTRY AT A GLANCE IN 2019 - 2020India is the third largest producer of electricity in the world as per a statistics published by in 2019. India ranked fourth in the Asia Pacific region out of 25 nations on an index that measures their overall power. India is ranked fourth in wind power, fifth in solar power and fifth in renewable power installed capacity . India ranked sixth in list of countries to make most investments in clean energy with US$ 90 billion.
Market Size
Indian Wind energy is estimated to contribute 60 GW, followed by solar power at 100 GW by 2022 and 15GW from biomass and hydropower. The target for renewable energy has been increased to 175 GW by 2022.
Total installed capacity of power stations in India stood at 368.68 Gigawatt (GW) as of January 2020. Electricity production reached 1,050.78 BU in FY20 (up to January 2020).
Coal-based power generation capacity in India, which currently stands at 229.40 (as of October 2019) GW is expected to reach 330-441 GW by 2040.
India could become the world's first country to use LEDs for all lighting needs by 2019, thereby saving Rs 40,000 crore (US$ 6.23 billion) on an annual basis.
Investment Scenario
Between April 2000 and December 2019, the industry attracted US$ 14.65 billion in Foreign Direct Investment (FDI), accounting for three per cent of total FDI inflows in India.
