ELECTRICITY ENERGY REQUIREMENT AND GENERATION IN INDIA: PREDICTIONS FOR NEXT FIVE YEARS

Abstract

In this study, demand and production forecasts for India's electricity energy during the following five years are given. It forecasts future power demand and the matching generation capacity required to meet the rising energy needs of the nation by utilising historical data, current trends, and numerous factors affecting the electrical sector. This study focuses on projections for India's energy production and demand over the next five years. In order to provide insight into the anticipated power energy environment in India, the study analyses various sources of electricity generation as well as major drivers such population increase, industrial expansion, urbanisation, and governmental regulations. To maintain a dependable and sustainable electricity supply for India's economic growth and social development, policymakers, energy planners, and stakeholders can use the findings to help them make educated decisions on infrastructure investments, renewable energy deployment, and grid management.