The power market is undoubtedly one of the most important components of infrastructure and vital for the economic growth and welfare of nations. India is the third largest producer and the second largest consumer of electricity in the world. The Indian power sector is widespread and diverse and is on the cusp of big change owing to Decarbonization through renewable energy generation and energy efficiency measures, Digitalization by leveraging technology for providing solutions and increasing efficiency and finally      Deeper Power Markets through transparency, integration of markets and expansion of their scope to meet the growing needs of the customers.

The sources of power generation in India include not only the conventional ones such as coal, lignite, natural gas, oil, hydro and nuclear power but also the more practical and futuristic non-conventional renewable energy sources such as wind, solar, and agricultural and domestic waste. The presence and advancement of adequate infrastructure is therefore indispensable for the sustained growth of the Indian economy. The demand for power in India is on the rise and in the years to come, it will see a further increase.