Electricity and Gas Utilities in India
20 verified figures for India, covering 15 indicators from 3 primary sources. Every figure links to the report it came from.
The short version
Key takeaways
Affordability
- Relative cost of solar panel manufacturing versus China in India averaged 2 multiple at end of 2024 (IEA). IEA ↗ T1 Official
- Wholesale electricity price annual growth in India (annual) came in at -20% in 2024 (IEA). IEA ↗ T1 Official
- Average wholesale electricity price in India averaged 51 USD/MWh as of 30 June 2025 (IEA). IEA ↗ T1 Official
- Wholesale electricity price change in India came in at 10% in Q2 2026 (IEA). IEA ↗ T1 Official
Other
- New wind power capacity installed in India totalled 6.3 gigawatts in 2025 (GWEC). GWEC ↗ T2 National
- IEA projects electricity demand growth in India at 7% in 2026. IEA ↗ T1 Official
- IEA projects solar PV manufacturing capacity growth multiple in India at 3 multiple in 2024–2030. IEA ↗ T1 Official
- IEA projects solar PV share of electricity generation in India at 10% in 2025–2027. IEA ↗ T1 Official
- IEA projects carbon intensity of electricity generation annual decline rate in India at 3.8% in 2024–2026. IEA ↗ T1 Official
- Pumped storage installed capacity in India (snapshot) reached 3.5 GW as of 24 June 2026 (IHA). IHA ↗ T2 National
The complete table
Electricity and Gas Utilities data for India
Every row links to its own page with the full source, verbatim quote and citation.
20 data points across 15 indicators. Each line shows the latest value; open a line for earlier periods and forecasts.
IndicatorPeriodValueSourceType
Accelerated case renewable capacity growth boost2017–202233.3%IEAT12022forecast→
Average wholesale electricity priceas of 30 Jun 202551 USD/MWhIEAT12025actual→
Carbon intensity of electricity generation annual decline rate2024–20263.8%IEAT12026forecast→
Electricity demand growth +5 more 20246%IEAT12024actual→
New wind power capacity installed20256.3 gigawattsGWECT22025actual→
Pumped storage installed capacity2035100 GWIHAT22035forecast→
Pumped storage installed capacity (snapshot)as of 24 Jun 20263.5 GWIHAT22026estimate→
Relative cost of solar panel manufacturing versus Chinaend of 20242 multipleIEAT12024actual→
Solar PV and wind share of renewable capacity growth2017–202290%IEAT12022forecast→
Solar PV manufacturing capacity growth multiple2024–20303 multipleIEAT12030forecast→
Solar PV share of electricity generation2025–202710%IEAT12027forecast→
Wholesale electricity price annual growthas of 30 Jun 2025-15%IEAT12025actual→
Wholesale electricity price annual growth (annual)2024-20%IEAT12024actual→
Wholesale electricity price changeQ2 202610%IEAT12026actual→
Wholesale electricity price growthQ1 2025-5%IEAT12025actual→
Primary documents
Sources
| Document | Publisher | Authority tier | Published | Accessed | Locator | Data points |
|---|---|---|---|---|---|---|
| Market Report Series: Renewables 2017 Press release | IEA | T1 Official | — | 16 Sep 2026 | India | 2 |
| Prices: Trends in wholesale markets differ across regions – Electricity Mid-Year Update 2025 Press release | IEA | T1 Official | — | 15 Sep 2026 | Prices: Trends in wholesale markets differ across regions | 2 |
| Emissions: Power generation CO2 emissions are plateauing – Electricity Mid-Year Update 2025 Press release | IEA | T1 Official | — | 15 Sep 2026 | Emissions: Power generation CO2 emissions are plateauing | 1 |
| Executive summary – Electricity Mid-Year Update 2025 Press release | IEA | T1 Official | — | 15 Sep 2026 | Global electricity demand on course to expand robustly in 2025 and 2026 despite economic headwinds; Wholesale electricity prices rose in some regions, while negative prices are becoming more common | 4 |
| Global electricity demand to keep growing robustly through 2026 despite economic headwinds Press release | IEA | T1 Official | — | 15 Sep 2026 | Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more | 2 |
| Global electricity demand growth set to accelerate as power systems adjust to recent shocks Press release | IEA | T1 Official | — | 15 Sep 2026 | Industry, electric vehicles, air conditioning and data centres continue to spur robust increases in electricity use around the world | 2 |
| Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal Press release | IEA | T1 Official | — | 16 Sep 2026 | Manufacturing capacity paragraph | 2 |
| Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand Press release | IEA | T1 Official | — | 15 Sep 2026 | Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand - News - IEA | 1 |
| Prices Press release | IEA | T1 Official | — | 15 Sep 2026 | Wholesale electricity prices fell further in 2024 as energy commodity costs declined | 1 |
| Global Wind Day 2026: Fast Facts about Wind Press release | GWEC | T2 National | — | 16 Sep 2026 | 2. We've Seen Record Growth in Recent Years | 1 |
| World Hydropower Outlook launches The year of the ‘water battery’ Press release | IHA | T2 National | — | 16 Sep 2026 | South and Central Asia accelerate growth | 2 |
Report snapshots are retained internally for verification only and are never redistributed. Where a figure comes from a paywalled report, only the number published in its public summary is recorded.
All 20 collected records for India are published as verified.
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Data on this page is published under CC BY 4.0. You may reuse it, including commercially, provided you attribute it. Each figure's own page carries APA, MLA, Chicago and BibTeX citations naming its original publisher.
StatOrigin. (2026). Electricity and Gas Utilities in India: statistics. Retrieved from https://statorigin.org/industries/utilities/india