The electric power transmission and distribution losses in India have shown a consistent decline from 2013 to 2023, with values decreasing from 18.49 to 16.79 units, indicating improvements in efficiency. The year-on-year variations ranged, with notable reductions, especially in more recent years, forming a clear downward trajectory. The last two years (2022-2023) witnessed a year-on-year decline of 1.32%, encapsulating a consistent improvement. The last five years (2019-2023) have seen a Compound Annual Growth Rate (CAGR) of -1.34%, underlining the sustained progress in reducing transmission and distribution losses.
Looking forward from 2024 to 2028, forecasted data indicates a continued reduction in losses, with values expected to drop to 15.62 units by 2028. The forecast over the next five years posits a CAGR of -1.14%, contributing to an expected overall reduction of 5.59% in losses. These projections point towards further advancements in India's electricity transmission and distribution sectors.
Future trends to watch for include:
- Improvements in grid infrastructure.
- Adoption of smart grid technologies.
- The impact of renewable energy integration on efficiency.
- Government policies and regulatory changes aiming at reducing system inefficiencies.
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