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(e.g. rEs, shale gas, tight oil) while changing the contours of demand for energy by 2022, 24x7 Power for all by 2022, Housing for all by 2022,
that energy (e.g. electric vehicles). Geopolitical developments are chang- 100 smart cities mission, 10% reduction of oil and gas import depen-
ing production profiles across regions, sometimes at a rapid pace. The dence by 2022 from 2014-15 levels and provision of clean cooking
arena is being redrawn by government policy and international agree- fuels. India is envisaged to play a key role in the global energy sce-
ments, reflecting changing public priorities and increased public scruti- nario amidst the present trends in the favour of energy buyers rather
ny. Digital technologies are expected to play a significant role in the cur- than suppliers which are likely to continue in the medium term .
1
rent energy transition. Although short term trends may be diverse for While India paves the way towards rapid economic and industrial
conventional sector for countries/regions due to varying reasons; the growth, its commitments to reduce carbon emissions relative to its
long-term trend is towards declining investments in conventional sector. GDP by 33% to 35% from 2005 levels by 2030 is a major development
that is likely to shape the country’s energy future. With the signing of
india’s energy Scenario Paris Climate Change Agreement, the country is expected to move to
an over 40% share in total electricity generation capacity. With the
India’s energy sector is set for a sea change with recent ambitions of increase in disposable income and the quest for an enhanced quality
the Government of India – 175 GW of installed capacity of renewable of life, the per capita consumption is consequently expected to reach

in a nUtShell

POwER Oil ENviRONMENTAl ENERGy
cOMMiTMENTS fOR All

n 3rd largest country by power n Fastest growth in oil demand in n india surpasses coP21 n Ujjwala—80 mn LPG
generation (after US and the world—driven by personal commitments through re connections to Below Poverty
China) mobility and industrial growth; adoption, energy efficiency Line families
increased petrochemical demand measures and use of clean fuels
n Utilities undergoing n 15,000 km gas pipeline
transformation; adaptation of n USD 300 bn investments n targets to achieve all india in india
technology, smart grid etc. planned in oil & gas sector solar capacity of 100Gw
by 2022 n 300 city gas distribution
n one of the leading consumers n HeLP—revenue sharing
of coal today; the dependence mechanism for e&P with n UJALA—a unique Program n Gas reforms being initiated
on coal likely to continue in the marketing and pricing freedom launched to promote use of n ‘Power for All’—A joint
coming years energy efficient appliances by initiative by central and
n industry increasingly adopting residential users; distributed
n Focus on emission control digital/tech innovations about 770 mn LeD bulbs, 20 mn State governments to ensure
by introducing FGD and eSP pump sets over last 2-3 years 24x7 availability of power by
techniques in power plants n 100% FDi in e&P and 49% FDi 2019—40 mn new connections
allowed in refining sector n to upgrade fuel emission
n Adoption of ultra super- standards to BS-vi by 2020 n ‘one Nation, one Grid’
critical technology for power n Hydrocarbon exploration initiative to bring affordable
generation Licensing Policy (HELP) to n FAMe ii introduced with focus power to all states
boost domestic production and on shared and public transport;
n Energy efficiency measures: national policy on biofuels n KUSUM scheme for solarisation
PAt and Smart Meter Program n investment opportunities in of irrigation pump sets
n Focus on: 10% reduction in electric Mobility segment
n 100% FDi permitted in all oil & gas imports by 2022 and n creation of new distribution
renewable sources of power doubling oil & gas production n Launched National clean Air network or strengthening of
by 2022 Programme (NCAP) to tackle existing infrastructure
air pollution

EnErgising sustainablE & ProsPErous FuturE 9