WWF Report on Renewable Energy Demand in India: Corporate Buyer’s Perspective

The corporate sector accounts for about 50 percent of total electricity consumption in India. The sector, therefore, has a critical role to play for India to achieve its ambitious renewable energy targets of 175GW installed capacity by 2022. The electricity sector has transformed rapidly with a substantial fall in renewable energy prices (solar and wind power) in the last few years, dropping to historical lows in 2017/18, reaching a point where it now comfortably competes with conventional coal-based power