LONDON DELHI TALK TO OUR TEAM NEWSLETTER SIGN-UP LOGIN WHAT WE OFFER EVENTS WHAT WE SAY OUR MEMBERS ABOUT US CONTACT US Home / What we say / Policy / Energy Transition and Climate Economy / Key Sectors and Policy Groups ENERGY TRANSITION AND CLIMATE ECONOMY India is the third-largest energy consumer in the world and is growing at amongst the highest rate of any major economy with huge ramifications for global energy use. In 2019, India's consumption rose 2.3 per cent, higher than the global average of 1.3 per cent that saw other major economies such as Germany actually decline in energy use compared to 2018. Coal, oil and natural gas are among the most important sources of primary energy in India. However, Prime Minister Narendra Modi’s government is targeting 175 gigawatts (GW) of renewable capacity by the year 2022 and is aiming for 450 GW by 2030. As of September 2020, around has around 89 GW of energy produced from renewable sources. Accordingly, India’s energy market represents a robust opportunity for UK companies. READ OUR LATEST REPORT LATEST NEWS 30 NOV 2021 | BY PRASENJIT DHAR The journey to achieving net zero in India by 2070 04 NOV 2021 | BY KEALAN FINNEGAN UK and India partnership on full show at COP26 15 JUN 2021 | BY KEALAN FINNEGAN UK India Business Council welcomes global cooperation on vaccines at G7 06 MAY 2021 | BY PRASENJIT DHAR 2030 Roadmap for India-UK future relations – Partnership in Energy Transition VIEW MORE RECENT REPORTS 01 OCT 2021 | BY KEALAN FINNEGAN UK-India Climate Change Cooperation: Supporting Indian SMEs To Go Green 10 AUG 2020 | BY UK INDIA BUSINESS COUNCIL (UKIBC) Sustainable Municipal Waste Management in India 13 NOV 2019 | BY KEALAN FINNEGAN UKIBC’S 5th Annual Doing Business in India Report: The UK Perspective VIEW MORE CASE STUDIES 27 APR 2016 | BY NANDINI SAXENA ELECTRIFYING NEW BUSINESS WINS VIEW MORE SHARE THIS PAGE WITH YOUR COMMUNITY GET A FREE CONSULTATION WITH ONE OF OUR INDIA ADVISERS GET A FREE CONSULTATION WITH ONE OF OUR INDIA ADVISERS RESOURCES MORE RESOURCES ENERGY SPECIALISTS ASSOCIATE DIRECTOR PRASENJIT DHAR prasenjit.dhar@ukibc.com +44 (0)20 7592 3040 IN ASSOCIATION WITH ACCREDITED BY QUICK LINKS Business Setup Introductions Market Research Launchpad Service Directory India Guide Events Vacancies CONTACT US London (Head Office) UK India Business Council 105 Victoria Street London SW1E 6QT UK +44 (0)20 7592 3040 enquiries@ukibc.com New Delhi UK India Business Council WeWork DLF Forum, Cyber City Phase III, Sector 24 Gurugram 122002 Delhi-NCR CIN: U74110HR2008PTC056054 +91(0) 124 502 6059 enquiriesindia@ukibc.com Helpline +44 (0)20 7592 3040 For any queries or grievances please contact Megha Gupta on megha.gupta@ukibc.com Follow us © 2021 UK India Business Council. All Rights Reserved Disclaimer Accessibility Privacy & Cookies WordPress website by Moove Agency