Key Market Indicators
India's electricity generation is projected to reach 2,320 Terawatt-hours (TWh) by 2028, up from 1,940 TWh in 2023. This represents an average annual growth rate of 2.9%. Since 1990, India's electricity supply has increased at an average rate of 4.2% per year. In the global rankings for 2023, India secured the third spot with its 1,940 TWh production. The United States led the rankings, surpassing India with its own electricity generation figures. Following the United States and India, Russia occupied the fourth position in the global electricity generation rankings.
