With India being the 4th largest energy consumer in the world and demand continuously growing the nation is set to invest heavily in its energy generation over the next decades. The new administration in India following the general election last month has already identified security of supply and power policy as a top priority with a focus on increasing renewable generation in India.
The UK has also been chosen as the partner of choice for developing offshore wind in India. The EIC see the Indian energy market as a potential opportunity for members companies in the coming years.
We have produced this initial briefing on ‘Power in India’ to inform our members of the investment climate and forthcoming opportunities. Projects in India are also being tracked on EICDataStream.
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