2 weeks ago

India's Energy Productivity Key to Next Phase of Industrial Growth

India's Energy Productivity Key to Next Phase of Industrial Growth
WION Exclusive: How can energy productivity power India’s next phase of industrial growth · wionews.com

India needs a lot more electricity in the coming years.

The country's electricity use is expected to grow by about 6.4 percent every year until 2030.

Factories, electric cars, data centres and computers that use artificial intelligence will all need more power.

Companies that run the electricity system are working to make sure there is enough.

They also want to use energy in smarter ways, so less power is wasted.

The government has already helped power companies lose less electricity on the way to people's homes.

India also wants to build much more clean energy from the sun and wind.

Big batteries will help store that clean energy for when factories need it.

This way, factories can keep growing without using so much fossil fuel.

All of this helps India work towards its big goal of becoming a stronger, more developed country by 2047.

Key facts

Projected electricity demand growth
6.4% annually through 2030
Additional annual consumption by 2030
570 TWh over five years
Industry share of new demand by 2030
Nearly one-third
AT&C losses (FY25)
15.04%, a historic low
Additional renewable capacity planned by 2030
Nearly 300 GW
Key demand drivers
Industrialisation, electric mobility, data centres, AI infrastructure
Discoms
Returned to profitability for the first time in a decade
National vision
Viksit Bharat 2047

Quotes

Akshay Hiranandani

CEO of Serentica Renewables

“"Battery energy storage will be central to this transition. Solar and wind can provide the scale of clean energy India needs, while storage can bridge the gap between generation and consumption, making renewable power available when industries need it."”
wionews.com
“"Technology plays an important role here. Automation, smart metering and digital energy management systems allow industries to identify inefficiencies early and act before they translate into higher costs or production losses."”
wionews.com

Sources

Related news