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exeCuTive Summary
The Energy
Sector Story
The Indian energy sector is undergoing tectonic
shift involving all the components of the sector
BaCKgrounD
urrEnTly, India is the world’s 7 largest economy by
th
nominal GDP and 3 largest by purchasing power parity
rd
C(PPP) (2018). The primary energy consumption in India
rd
is the 3 biggest after China and uSA (2018). The country ranks
rd
3 globally in terms of electricity production. The long-term
growth perspective of the Indian economy is positive due to
its young population, English proficiency, healthy savings and
investment rates, and increasing integration into the global
economy.
2 shaping new energy dimensions energising sustainable & prosperous Future 3