Energy efficiency has an important role to play in India’s pursuit of sustainable electricity generation and consumption. Electricity demand in India has doubled in the last decade and is expected to triple by 2040. The increasing energy aspirations of the middle class, indicated by the rise in appliance ownership, and the need for space cooling are the major drivers of electricity demand. The impetus for transport electrification and the success of 100% rural electrification are contributing factors to the increasing demand. In the recent past, actions to improve energy efficiency have resulted in 15% savings in annual energy demand and a reduction of 300 million tonnes of GHG emissions (Source: IEA). Power Utility and Electric Mobility vertical is devoted to encouraging the use of energy efficiency as a resource to ensure sustainable, affordable, reliable, and modern electricity.

Strategic focus area