Sector Snapshot · Other Utilities

India's Clean Energy Transition Reshapes the Utilities Landscape

A fast-read primer on India's broader power and utilities backdrop — the context against which we benchmark every company's cost structure in this category.

513.79 GW

Total installed power capacity, Dec 2025

Global rank as electricity producer & consumer

~50%

Renewable share of installed capacity

100%

FDI allowed in power & renewables

Rs 48,396 cr

Power sector budget allocation (+30% YoY)

Renewable Capacity Has Nearly Tripled Since 2014

Clean energy now makes up about half of all installed capacity, up from a small fraction a decade ago.

Renewable Capacity (GW)

2014 → 2025

76.37 GW

2014

258.01 GW

2025

Installed Capacity Mix, Dec 2025

Renewable vs. conventional

Renewable — 50%

Conventional — 50%

What's Pushing the Sector Forward

Scale, a fast clean-energy transition, and consistent policy backing define the utilities landscape.

Scale

World's 3rd-largest electricity producer and consumer

Clean Energy Transition

Renewable capacity nearly tripled since 2014
Now ~50% of total installed capacity

Policy Support

100% FDI allowed
Budget allocation up 30% YoY to Rs48,396cr

Recent Developments

A sample of the industry-wide and policy moves shaping the sector through early 2026.

→ India's total installed power capacity reached 513.79 GW as of December 2025.
→ Renewable energy capacity has grown nearly 3x since March 2014, from 76.37 GW to 258.01 GW.
→ India added a record 38.51 GW of non-fossil energy capacity in April-December FY26, up 16.87% YoY.
→ The government targets 500 GW of non-fossil capacity by 2030.
→ India's storage-backed renewable capacity is projected to rise to 25-30 GW by FY28, from almost nil in FY25.
→ PM Surya Ghar Muft Bijli Yojana aims to power one crore households with rooftop solar by March 2027.

Companies We Benchmark in This Sector

Listed Indian Other Utilities companies in tDoBe's cost-benchmarking coverage.

Va Tech Wabag

ION Exchange

Refex Industries

Enviro Infra Engineers

EMS

Rajesh Power Services

Antony Waste Handling

Eco Recycling

JITF Infra Logistics

Denta Water

Effwa Infra & Research

Z-Tech (India)

Namo eWaste Management

Concord Enviro Systems

Hi-Green Carbon

Apex Ecotech

Felix Industries

VVIP Infratech

See How These Companies Compare on Cost

The numbers above set the stage. Our Report translates it into a company-by-company cost benchmark — down to the category — so you can see exactly where a business sits against its peers.

Explore the Other Utilities Report

Compiled from public government and industry sources, February 2026 update · Figures rounded · tDoBe sector snapshot, for informational purposes