COUNTRY
India is the second most populous and seventh largest country by land area in the world. The power sector, with over 350 GW of installed capacity, ranks third globally in terms of size. With a target of 175 GW of installed renewable energy capacity by the year 2022, India offers one of the world’s largest renewable energy markets.
Installed Power Capacity Breakup in India
Electricity Generation From Different Sources
REC Market in India
REC Demand
Installed Power Capacity Trend
Installed RE capacity Trend
Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License
  • Global Rank
    3rd
    in installed RE capacity (2019-20)
  • RE installation target (2022)
    175 GW
    current installed capacity 87 GW
  • Peak energy demand
    177 GW
    in 2018-19
  • RES in total electricity generation
    9.99 %
    in 2019-20
  • FDI permitted
    100 %
    in power and automobile sector
  • Transmission network
    399k Ckm
    as of August 2018
Corporate Tax Structure
  • Domestic company not seeking incentives
    22% for 2019-20
  • Domestic company seeking incentives
    30% for 2019-20
  • New domestic manufacturing company
    15% incorporated after Oct, 2019
  • Foreign company
    40% for 2019-20
Key Govt. Agencies
  • PMO India
  • Ministry of Power, India
  • Ministry of New and Renewable Energy (MNRE)
  • Ministry of Commerce and Industry
  • Central Electricity Authority
Masterclass
CEF Masterclass decodes policy, trends and advances in the clean energy markets for key stakeholders in the renewable energy sector. From improving understanding of the dynamics of the power sector to analysing they key trends, CEF Masterclass connects the dots for everyone with interest in clean energy markets.
CEF Explains
Financial incentives for electric vehicle buyers in India
CEF Analysis
How does the electricity (Rights of Consumers) rules, 2020, impact the rooftop solar market?