Published on 18 Feb 2025
India's energy sector is facing a crucial moment, requiring a new and comprehensive energy policy to meet evolving demands and challenges. Currently, India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 429.96 GW as of January 2024.
Energy Security: Over 40% of India’s oil comes from the volatile Middle East. Geopolitical tensions and sanctions can disrupt supplies, impacting prices and economic stability.
To Meet with Growing Demand: India’s energy demand is projected to surge by 1.8% annually until 2040. A comprehensive policy ensures sufficient and reliable energy supplies to fuel this growth.
Domestic Potential: India has an immense potential for renewable energy sources like solar and wind. A well-integrated policy can unlock this potential, reducing dependence on imports and fostering energy independence.
Environmental Sustainability: As India is the world’s third-largest emitter of greenhouse gases, an integrated policy that prioritize renewable energy and energy efficiency is significant to meet climate change commitments .
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Need for an integrated Energy Policy in India
energy
energy security
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