India’s increase in electricity demand over the next three years is expected to be roughly equivalent to the UK's current consumption. India’s electricity demand grew by 7 per cent in 2023, the highest among major economies, according to recently released data from the International Energy Agency. Demand is expected to grow at 6 per cent till at least 2026, according to the organisation’s Electricity 2024 report.
India remains heavily dependent on coal to meet its energy needs. The share has been twice that of the world at over 70 per cent. The rising electricity demand in