Investor Presentaiton
Empowering India's Grid: Transformer Market Thrives in 2023-24.
Capacity Augmentation Boosts Demand
SPEL
India's power generation target is estimated to be 1,750 BUS in FY24, up from 1,624.15 BUS of actual generation in FY23.
Industrial sector is the largest consumer of energy consuming about 50% of the total commercial energy produced in the country followed by the transport sector.
Installed Energy Capacity (In GW)
243.25
Attractive Opportunities
In Union Budget 2023-24, the government allocated US$ 885 million (Rs. 7,327
crore) for the solar power sector including grid, off-grid, and PM-KUSUM
projects. To meet India's 500 GW renewable energy target and tackle the
annual issue of coal demand supply mismatch, the Ministry of Power has
identified 81 thermal units which will replace coal with renewable energy
generation by 2026.
In Budget 2023-24, Government has committed an outlay of Rs. 10 lakh crore
(US$ 120 billion) during 2023-24 towards infrastructure capital expenditure
compared to Rs. 7.5 lakh crore (US$ 90 billion) (BE) during 2022-23.
Investor Presentation
O
169.96
■ Renewable Sources
■ Conventional Sources
1,212.13
1,274.56
Energy Requirement (BU)
1,290.02
1,566.00
FY18
FY19
FY20
FY22
FY27
2,047.00
Source-ibef
22
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