Indian Power Sector Policy Landscape - Tracking Significant Regulatory Developments & its Impacts

The power sector in India has undergone a transformation due to progressive policies and effective implementation of directives. These changes have created significant opportunities and brought confidence among industry stakeholders and market players, encouraging investment in India’s power sector. Both at the central and state levels, the policy and regulatory environment has been crucial in attracting investments. State-level renewable energy policies, in particular, have been shaping the renewable energy market within those states. Four states accounted for over half of the country’s renewable energy potential, with Rajasthan having the highest share, followed by Maharashtra, Gujarat and Karnataka. The estimated potential of renewable power
shows that Rajasthan has the highest share of about 20.3%. India’s installed non-fossil fuel capacity has increased 396% in the last 8.5 years and stands at more than 203.19 GW (including large Hydro and nuclear), about 45.5% of the country’s total capacity as of June 2024. The installed solar energy capacity has increased by 30 times in the last 9 years and stands at 85.47 GW as of June 2024. India’s solar energy potential is estimated to be 748 GWp as estimated by National Institute of Solar Energy (NISE). The installed Renewable energy capacity (including large hydro) has increased by around 128% since 2014.

• Examining the Major Policies / Initiatives – Power Generation
• Examining the Major Policies / Initiatives – Power Transmission
• Examining the Major Policies / Initiatives – Power Distribution
• Critically Identifying the Gaps in the Regulations - For Major Regulations Passed by CERC from 2020 to 2024 (JUNE)
• Critically Identifying the Gaps in the Regulations - For Major Regulations Passed by electricity regulatory commissions of all distinctive states in India from 2020 – 2024 (JUNE)
• Analyzing the different policies / regulations / initiatives and discussed the transition required to meet the goal.
• Open Access Charges (Wheeling Charges, Transmission Charges, Cross Subsidy Charges)
• Tariff Charges (Domestic, non-domestic, small and medium industry, heavy and bulk industry)
• Scenario Wise Opportunity Sizing in Solar, Wind & Small Hydro Segment for Northern Region States
• Scenario Wise Opportunity Sizing in Solar, Wind & Small Hydro Segment for Southern Region States
• Scenario Wise Opportunity Sizing in Solar, Wind & Small Hydro Segment for Western Region States
• Scenario Wise Opportunity Sizing in Solar, Wind & Small Hydro Segment for Eastern Region States

• First hand sector knowledge and inputs
• Primary research inputs from F2F interviews with domain experts
• Experts insights and market reviews taken into consideration
• Validated data and analysis
• Opportunity mapping and market sizing
• Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information and analysis
• Free query handling and analyst support for three months from the date of report procurement

• Different regulations and amendments by each state
• New policies and initiatives for power sector
• Open access charges (Transmission Charge, Wheeling Charge, Cross Subsidy Charge, Energy Charges)
• Focusing on new initiatives taken by the government that can create a great impact over the particular state or all over country.
• Analyzing different policies/regulations/initiatives states that includes initial state, transition required to reach the final state.

The report is framed to study the power sector policies of major states in the northern, southern, western & eastern regions and to determine their impact on state’s overall power sector growth. The report also aims to find out the underlying investment opportunity & business potential in the states from conventional & RE power generation. 

• Power Distribution Utilities
• State Electricity Boards
• State Electricity Regulatory Commissions
• Central Power Generation Utilities
• State Power Generation Utilities
• Independent Power Producers
• Solar Power Developers
• EV Market Players
• Power Transmission Utilities
• Research Institutes / Industry Associations
• Government Institute
• Power Project Funding Bodies
• Foreign Collaborating Agencies
• Hydro Power Developers
• Utility Solar Power Project Developers
• Utility Wind Power Project Developers
• Other RE Project Developers