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Mar 26, 2018

India is now the world’s third-largest electricity producer

Posted by in categories: finance, government

India now generates around 1,160.1 billion units of electricity in financial year 2017, up 4.72% from the previous year. The country is behind only China which produced 6,015 terrawatt hours (TWh. 1 TW = 1,000,000 megawatts) and the US (4,327 TWh), and is ahead of Russia, Japan, Germany, and Canada.

Total electricity production stood at 1,003.52 billion units in India between April 2017 and January 2018. “Multiple drivers (like industrial expansion and rising per capita income) are leading to growth in power demand; this is set to continue in the coming years,” said a report by the India Brand Equity Foundation (IBEF), an arm of the Indian government’s ministry of commerce.

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