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Now, India is the third largest electricity producer ahead of Russia, Japan

Now, India is the third largest electricity producer ahead of Russia, Japan

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The power sector has a 100% FDI permit, which boosted FDI inflows in the sector

India’s electricity production grew 34% over seven years to 2017, and the country now produces more energy than Japan and Russia, which had 27% and 8.77% more electricity generation capacity installed, respectively, than India seven years ago.

India produced 1,160.10 billion units (BU) of electricity–one BU is enough to power 10 million households (one household using average of about 3 units per day) for a month–in financial year (FY) 2017.

Source: business-standard
Anand Gupta Editor - EQ Int'l Media Network

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