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Context:
Recently, the National Statistics Office (NSO), under Ministry of Statistics and Programme Implementation (MoSPI) has released the annual publication “Energy Statistics India 2025”.
More on the News
Key highlights of the Report
In the Financial Year 2023-24, India has experienced a steady and healthy growth in both energy supply and consumption by overcoming the shock of the global Pandemic.
The report noted that India’s installed capacity for electricity generation (utility and non-utility combined) reached 521.31 GW as of March 31, 2024 higher by 5.43% compared to the previous year.
Renewable energy sources (excluding large hydro) grew by 14.77% over the same period.
The major advancements in India’s energy sector is the improved efficiency in electricity utilization with successful reduction in transmission and distribution losses, which were brought down from 23% in 2014-15 to 17% in 2023-24.
Coal continues to be the primary energy source, with domestic production reaching 997.83 million tonnes (MT) in FY 2023-24, up by 11.71% from 893.19 MT in FY 2022-23.
The reserves of Coal stood at 389.42 billion tonnes, of which Odisha has the highest share of 25.47 % followed by Jharkhand (23.58%), Chhattisgarh (21.23%).
Total primary energy supply (TPES) rose 7.8% in FY 2023-24, reaching 903.16 million tonnes of oil equivalent (KToe).
The estimated Crude Oil reserves were 671.40 million tonnes of which Western Offshore accounted for around 32%, followed by Assam (21.66%), Rajasthan (19.59%) and Gujarat (17.70%).
Natural gas reserves stood at 1,094.19 billion cubic meters, led by Western Offshore (31%), Eastern Offshore (24%), and Assam (15%).
Refining capacity in India stood at 256.82 million tonnes per year as of March 31, 2024. The country had 23 refineries—19 in the public sector and four in private or joint venture categories.
Data related to Renewable Energy as of March 31, 2024.
The government aims to install 500 GW of non-fossil-based power capacity by 2030 to meet 50% of the country’s electricity requirements from renewables.
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