Mapping India's Energy Policy 2022

This report by the International Institute for Sustainable Development analyzes energy support measures in India from FY 2014 to FY 2021, focusing on subsidies, public utility investments, and public finance lending to assess alignment with the country's 2070 net-zero goal.

• In FY 2021, India provided over INR 540,000 crore (USD 77 billion) in total energy sector support, consisting of nearly INR 218,000 crore in subsidies, INR 140,000 crore in public sector utility investments, and at least INR 190,116 crore in loans from the three largest public finance institutions.
• Subsidies for fossil fuels significantly outweigh those for clean energy, with fossil fuel subsidies being 9 times higher than clean energy subsidies in FY 2021, compared to 7.3 times higher in FY 2020. Despite this disparity, overall fossil fuel subsidies decreased by 72% between 2014 and 2021.
• Specific subsidy trends include coal subsidies reaching their lowest level since 2014 at INR 12,976 crore, and oil and gas subsidies falling 4% to INR 55,250 crore in FY 2021. Low-priced electricity represents the largest share of all subsidies at 65%, totaling INR 141,895 crore.
• Support for clean energy is mixed: renewable energy subsidies fell 59% between FY 2017 and FY 2021 as wind and grid-scale PV solar reached cost parity, while electric vehicle subsidies tripled to INR 849 crore during the same period.
• Public financial institutions and utilities continue to favor fossil fuels over clean energy. In FY 2021, annual disbursements from the largest power finance institutions were three times higher for fossil generation than for renewable energy, and in FY 2020, the 7 Maharatna PSUs invested 11 times more in fossil projects than in renewable energy.

APA

Viswanathan,, P. A. G. L. M. P. R. V. B. G. (2022). Mapping India's Energy Policy 2022. International Institute for Sustainable Development. https://www.iisd.org/publications/mapping-india-energy-policy-2022

Chicago

Viswanathan,, Prateek Aggarwal,Siddharth Goel,Tara Laan,Tarun Mehta,Aditya Pant,Swasti Raizada,Anjali Viswamohanan,Christopher Beaton,Karthik Ganesan,Balasubramanian. Mapping India's Energy Policy 2022. International Institute for Sustainable Development, 2022. https://www.iisd.org/publications/mapping-india-energy-policy-2022.

Wikipedia

{{cite report |last1=Viswanathan, |first1=Prateek Aggarwal,Siddharth Goel,Tara Laan,Tarun Mehta,Aditya Pant,Swasti Raizada,Anjali Viswamohanan,Christopher Beaton,Karthik Ganesan,Balasubramanian |title=Mapping India's Energy Policy 2022 |publisher=International Institute for Sustainable Development |date=31 May 2022 |url=https://www.iisd.org/publications/mapping-india-energy-policy-2022 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{viswanathan2022mapping, author = {Viswanathan,, Prateek Aggarwal,Siddharth Goel,Tara Laan,Tarun Mehta,Aditya Pant,Swasti Raizada,Anjali Viswamohanan,Christopher Beaton,Karthik Ganesan,Balasubramanian}, title = {{Mapping India's Energy Policy 2022}}, institution = {International Institute for Sustainable Development}, year = {2022}, month = may, url = {https://www.iisd.org/publications/mapping-india-energy-policy-2022}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }