Page 44 - Policy & Economic Report - June 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

As India charts its path to becoming a $5 trillion economy and advances towards its Net Zero
commitments, the power sector faces both unprecedented opportunities and complex challenges. Rapid
growth in renewable energy, electric vehicles, and consumer participation in energy markets is
transforming the sector, but fragmented systems and a lack of seamless digital integration remain key
barriers.

To address these, the Ministry of Power is reimagining the sector’s digital foundation through the India
Energy Stack — a Digital Public Infrastructure (DPI) that will provide a standardised, secure, and open
platform to manage, monitor, and innovate across the electricity value chain.

The IES will offer:

• Unique IDs for consumers, assets, and transactions
• Real-time, consent-based data sharing
• Open APIs for seamless system integration
• Tools for consumer empowerment, market access, and innovation

Speaking on this development, Shri Manohar Lal Khattar, Hon'ble Minister for Power, said: “There is an
urgent need for developing robust Digital Public Infrastructure in the power sector to manage the
country’s rising demand, ensure grid stability, and empower consumers. DPI, such as India Energy Stack
(IES), will play a vital role in integrating renewable energy, enhancing DISCOM efficiency, and delivering
transparent, reliable, and future-ready power services. What Aadhaar did for identity and UPI achieved
for digital payments, the India Energy Stack will accomplish for the power sector — unlocking seamless,
secure, and consumer-centric energy services for every citizen.”

Apart from conceiving the IES, the Ministry will undertake a 12-month Proof of Concept (PoC) to
demonstrate IES through real-world use cases in partnership with selected utilities. This includes piloting
the Utility Intelligence Platform (UIP), a modular, analytics-driven application built on IES to support
utilities, policymakers, and consumers with real-time insights and smarter energy management.

Wind Energy is at the centre of India’s strategy for the renewable energy sector: Union Minister Shri
Pralhad Joshi

On the occasion of Global Wind Day 2025, Union Minister of New and Renewable Energy Shri Pralhad
Joshi addressed a conference of stakeholders here in Bengaluru and said that Wind Energy is at the centre
of India’s strategy for the renewable energy sector.

Union Minister of State for New and Renewable Energy Shri Shripad Yesso Naik and the Energy Minister
in Government of Karnataka Shri K.G. George was also present on this occasion. Shri Pralhad Joshi said
that in order to become a global manufacturing hub, India needs energy; be it solar energy, wind energy
or any other form of energy.

“Our national goals are ambitious and clear: 50% of our power capacity from non-fossil fuel sources by
2030, and a net-zero India by 2070. Wind energy is central to achieving these goals. Wind energy is not a

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