NITI Aayog following the footsteps of its erstwhile predecessor, the Planning Commission will be bringing out a new integrated energy policy, which was originally introduced by Planning Commission, calling for decontrolling of energy prices. NITI Aayog Vice-Chairman Arvind Panagariya said that India’s demand for energy could increase more than four-fold in the next three-and-a-half decades if no efforts are made on the conservation front.
In 2013-14, the Planning Commission after a major exercise, created India Energy Security Scenarios (IESS) 2047, with an eye on assessing and predicting India's energy needs, domestic supplies and imports, which was launched in February last year. Now the NITI Aayog has brought out IESS 2047 2.0, which allows for three GDP growth scenarios of 7.4 per cent, 6.7 per cent and 5.8 per cent in 2012-47 and offers a range of energy consumption projections. The Aayog working on an integrated energy policy will soon bring out a road map for developing energy security and a right pricing mechanism to promote competition and quality standards.
NITI Aayog’s interactive data tool on the country’s energy security aims to help policy makers and stakeholders make informed choices for better energy planning for the future. Panagariya said that this tool will be of particular use in the framing of the national energy policy being carried out by NITI Aayog. The Indian Energy Security Scenarios 2047 (Version 2.0) calculator, housed within the NITI Aayog, will suggest measures to shift the energy pattern in a way to ensure advancement of the country’s energy security considerations.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: