Sector Snapshot · Power

India's Power Sector Nears 50% Renewable Capacity

A fast-read primer on India's power generation sector — the backdrop 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

258.01 GW

Renewable capacity, Dec 2025

~50%

Renewable share of installed capacity

243.12 GW

Peak power demand, FY26 (Apr-Dec)

Renewable Capacity Has Nearly Tripled Since 2014

Clean power generation has scaled rapidly, backed by a sharply higher budget allocation.

Renewable Capacity (GW)

2014 → 2025

76.37 GW

2014

258.01 GW

2025

Power Sector Budget Allocation (Rs crore)

FY25 → FY26

Rs37,143cr

FY25

Rs48,396cr

FY26

What's Pushing the Sector Forward

Global scale, clean energy momentum, and strong investment define India's power sector.

Global Scale

3rd-largest electricity producer and consumer
513.79 GW of installed capacity

Clean Energy Momentum

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

Investment & Policy

100% FDI allowed
Budget allocation up 30% YoY

Recent Developments

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

→ India's installed power capacity reached 513.79 GW as of December 2025.
→ Renewable capacity grew 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.
→ Renewables met 51.5% of India's 203 GW electricity demand in July 2025, up from 6% in FY15.
→ The government plans to invest Rs9.15 lakh crore by 2032 to meet 458 GW of projected peak demand.
→ India's energy storage sector could attract Rs4,79,000 crore in investment by 2032.

Companies We Benchmark in This Sector

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

Adani Power

NTPC

Power Grid Corporation

Adani Green Energy

Adani Energy Solutions

Tata Power Co.

JSW Energy

NHPC Ltd

NTPC Green Energy

Torrent Power

NLC India

SJVN

ACME Solar Holdings

CESC

IndiGrid Trust

Clean Max Enviro Energy

Nava

Vedanta Power

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 Power Report

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