India’s fast growing economy and population are leading to an increased demand for electricity. Despite capacity additions over the last few years, the reliability of power is still a major challenge. Parts of the country face severe electricity shortages largely due to inefficiencies in generation, distribution and end use and other factors. And close to 300 million Indians in rural areas lack access to electricity. At the same time, the opportunity to shift India’s power system onto a more sustainable path has never been greater. Ambitious targets for renewable energy and transmission connectivity plans have been laid out along with reforms for the power distribution sector. Supplying ‘24X7 Power to All’ is now an important focus of the development agenda.
Shakti Sustainable Energy Foundation (Shakti) seeks to support India’s transition to a cleaner and more reliable power system. Shakti focuses on: mainstreaming renewable energy sources such as solar and wind in India’s power mix, identifying opportunities for utility-led efficiency improvements and enhancing access to energy.
Renewable energy is fast gaining focus for its potential to meet India’s growing energy needs. The ambitious target for renewable energy – 175GW by 2022 with plans to expand further…
Distribution utilities supply electricity to consumers and in turn collect revenues to keep the sector going. Utility-led efficiency measures can generate widespread energy savings…
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As India's economy continues to grow, power security remains a key concern for sustaining this economic growth. Given the state of the domestic fuel market, the volatility in prices of imported fuels and the concerns about climate change, conventional sources alone may not be enough to offset the growing demand stress. There is a need to stimulate...Read more