By Admin 
Power Generation in India: India has become the third country in the world in terms of power production during the last five years, moving towards self -sufficiency in the field of energy. After the US and China, India has made its place in this matter. This is confirmed by the International Energy Agency i.e. IEA. According to this report, the demand for electricity in India is increasing rapidly. There are many reasons for this, such as wildly in the use of AC and other home appliances, expansion of commercial and residential places and its increasing demand in industries.
Why did electricity demand increase?
In the IEA report, it has been told that due to these increasing demands of electricity, India has now been inclined towards renewable energy. This is the reason that clean energy has been invested on a large scale in the solar photovolty project, especially in the solar photovolti project.
During the last five years, more than half of the total investment made in non-Givash energy projects has been made in PV i.e. solar photovoltaic. That is, more than 80 percent of the total investment made in the power sector has been done on clean energy.
Most funds for clean energy
The report also claimed that India was the largest recipient of the amount received from the Development Finance Institute for Clean Energy in 2024. India received $ 2.4 billion to promote clean energy production. If we talk about the power sector, then in this sector, direct foreign investment is increasing within the country. It has reached about 5 billion dollars in two years i.e. 2023.
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