19-Jun-2025

India Ranks 3rd Globally In Power Generation

Miscellaneous

Why in News? 

  • The International Energy Agency (IEA) report highlights that India ranks 3rd globally in power generation capacity growth (2019–2024), after China and the US. 

Key Points from the IEA Report 

  • India’s Position: India is the third-fastest growing country in power generation over the last five years. 
  • Reasons for High Demand 
    • Rapid growth in housing and commercial buildings 
    • Rising use of air conditioners and appliances 
    • Industrial expansion across the country 
  • Solar Energy Boom 
    • Solar PV (photovoltaic) projects have driven clean energy growth. 
    • Over 50% of non-fossil fuel investment in India went to solar PV in the past 5 years. 
  • Energy Mix Expansion 
    • Growth seen in all sources: fossil fuels, hydropower, and renewables 
    • Renewables, especially solar, have led the expansion 
  • Sustainability Push 
    • India is focused on clean energy infrastructure to support global decarbonization goals 
    • Reflects India’s policy commitment and international green energy leadership 

About International Energy Agency (IEA) 

The International Energy Agency (IEA) was founded in 1974 under the OECD to ensure energy security, especially during oil supply crises. Headquartered in Paris, it now works on all energy sources including renewables, oil, gas and coal. The IEA promotes clean, reliable, and affordable energy through global cooperation, policy advice, and strategic oil reserves under its International Energy Program. It has 32 member countries and 13 associate countries, including India and China.