India Power Ministry Urges Utilities to Cut Supply Costs to Match Global Industrial Tariffs
India's power ministry is urging utilities to reduce costs to compete with lower global tariffs. The move targets 45 GW of unsold renewable energy capacity.
Insights:
Pankaj Agarwal pankaj agarwal, the power secretary of India 
IN, addressed an industry event in New Delhi on Wednesday, January 21, 2026. He stated that local power utilities must take immediate steps to reduce the cost of power supply to ensure industrial competitiveness. Currently, the industrial power tariff in India stands at approximately $95 per megawatt hour (MWh).
IN, addressed an industry event in New Delhi on Wednesday, January 21, 2026. He stated that local power utilities must take immediate steps to reduce the cost of power supply to ensure industrial competitiveness. Currently, the industrial power tariff in India stands at approximately $95 per megawatt hour (MWh).
