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.

洞察:
Pankaj Agarwal pankaj agarwal, the power secretary of India ININ, 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).
FILE PHOTO: Vehicles move past electricity pylons in Gurugram, India, September 11, 2025. REUTERS/Bhawika Chhabra/File Photo
FILE PHOTO: Vehicles move past electricity pylons in Gurugram, India, September 11, 2025. REUTERS/Bhawika Chhabra/File Photo
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