India energy report

• The rapid growth of the renewable capacity is primarily driven by the government's aggressive push to achieve 220 GW in 2022 and 450 GW in 2030.
• The government is opening up the oil and gas sector with the privatization of BCPL. Electricity generation is dominated by private players, although state-owned NTPC is still the largest player.
• Growth in power generation stopped in 2019. Imports of crude oil fell sharply in 2020 due to the COVID-19 crisis.
• The country achieved a 50% increase in renewable capacities (incl. large hydro) over 2016-2019.
• Energy prices decreased in 2020 after several years of increase; this is especially the case for natural gas.
• Energy consumption continues to grow steadily, with three-fourths of consumption still met by fossil fuels. The residential and tertiary sector is the largest end user.
• The primary energy mix will move towards more gas and renewable electricity.

• Institutions & Energy Policy

  The management of the energy sector is split between several ministries: the Ministry of Power (MoP) for electricity and the coordination of energy conservation programmes; the Ministry of Petroleum and Natural Gas (MoPNG); the Ministry of Coal; and, finally, the Ministry of New and Renewable Energy (MNRE).

• Energy Supply

  Oil:

  Oil production has decreased slightly since 2011 (-1.5%/year) to 38 Mt in 2019 and is expected to further decrease in FY2020, since from January to November 2020 production had already decreased by 6%.

• Energy Prices

  Electricity:

  In 2020, prices declined by 16% to US$11c/kWh for industry and increased by 21% to US$8.2c/kWh for households, getting closer to the regional average. Between 2016 and 2018, these prices increased by 25% for industry and by 11% for households.

• Energy Consumption

  Total energy consumption per capita remains around 0.7 toe (2019), half the Asian average. Electricity consumption per capita was less than 900 kWh in 2019, 66% below the Asian average.

• Issues & Prospects

  The energy sector is faced with several challenges: the level of oil production is low, while the consumption is rising sharply, leading to more imports. In both oil and gas sectors, sizeable investments are needed to increase energy production and improve infrastructure, especially for supporting larger imports.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

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Below is a list of the India energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Gas prices for industry (US$c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2019, %)
• GRAPH 10: Final consumption market share by sector (2019, %)
• GRAPH 11: Oil consumption (Mt)
• GRAPH 12: Oil consumption breakdown by sector (2019, %)
• GRAPH 13: Electricity consumption (TWh)
• GRAPH 14: Electricity consumption breakdown by sector (2019,%)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Gas consumption breakdown by sector (2019, %)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2019, %)

In the India energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The India country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.