INDIAN ENERGY THEME – A MULTI DECADE AATMANIRBHAR BHARAT STORY

India's energy sector is on a trajectory towards self-sufficiency, aligning with the Aatmanirbhar Bharat vision. Positioned as one of the largest and fastest-growing energy markets globally, the country is witnessing a shift from conventional combustion to electrification. Projections indicate a robust 6.4% CAGR in energy consumption, excluding coal and oil, until 2050. With a natural advantage in green energy, India is expected to transition from an energy-deficient state to being energy self-sufficient.

TAILWINDS FROM FAVORABLE GOVERNMENT POLICIES TRADITIONAL ENERGY

Shift from energy deficiency to energy self-sufficiency could insulate government policies from external turbulence

Oil Value Chain

• Remunerative realisation for domestic Oil and Gas along with favourable exploration and production policy to encourage growth in domestic production
• Elimination of auto fuel subsidy and stability in crude prices have provided Government the necessary backdrop for policy impetus

Gas Value Chain

• Government intends to increase the share of natural gas from ~6.5% to 15% by 2030. Expansion of national gas grid by 40% over past 5 years through expansion of city gas distribution (CGD) networks covering 95% of the population
• Unified tariff implemented with principle of One Nation One Grid

Power Value Chain

• Impetus on domestic coal production to ensure fuel security
• Reforms in power transmission & distribution to ensure that the ecosystem builds the capacity to facilitate efficient growth

FUND FACTS