Omniscience Research projects massive renewable-led transformation of India’s energy landscape

Mumbai, India – July 25, 2025– India is set to experience an unprecedented wave of investment in its power sector, with capital requirements projected between INR 65 to 70 trillion by 2035, according to a new report by Omniscience Research, the research division of Omniscience Capital Advisors Pvt. Ltd. The report, titled “Capex and Currents: INR 65 Trillion Capex to Electrify India-2035”, outlines a comprehensive roadmap for India’s transition to a sustainable, future-ready, and digitally integrated power infrastructure.

Dr Vikas V Gupta, Principal Officer of Omniscience Investment Adviser, says “As electricity demand is expected to triple to over 4,000 terawatt-hours (TWh) by 2035, the report emphasizes the need for India to add nearly 850–900 gigawatts (GW) of new power generation capacity, bringing the total to between 1,300 and 1,400 GW. A significant portion of this growth will be driven by renewable energy sources, with solar and wind expected to contribute more than 60% of the nation’s power capacity.”

The report estimates that INR 54 trillion will be required solely for generation capacity expansion. Solar power is projected to lead with an estimated INR 23 trillion in investment, reaching 564 GW in capacity and producing approximately 988 billion units of electricity annually by 2035. Wind energy is expected to grow to 280 GW, generating around 615 billion units annually with an investment of INR 11.5 trillion. While coal’s share in the overall capacity is forecast to drop to 24%, it will still account for 46% of electricity generation, indicating its continued relevance in ensuring base-load power stability.

In addition to generation, India’s transmission infrastructure will require a capital infusion of INR 13 trillion, enabling the expansion of the network to 2.3 lakh circuit kilometers to efficiently distribute the increased electricity supply. Furthermore, the rollout of smart meters to 30 crore households is projected to need an additional INR 1.3 trillion, facilitating real-time monitoring and greater distribution efficiency across the power ecosystem.

A key technological advancement highlighted in the report is the India Energy Stack—an ambitious digital infrastructure initiative that aims to unify the power sector through secure, interoperable platforms. This digital backbone is poised to modernize operations across the electricity value chain and support data-driven innovation and transparency.

“India’s energy transition presents one of the largest infrastructure investment opportunities globally, The next decade will define our energy independence, climate leadership, and digital transformation.” Dr Gupta said .

The findings align with the goals outlined in India’s Draft National Electricity Plan (NEP) and reinforce the crucial role of policy, private capital, and technological innovation in creating a resilient and balanced energy ecosystem. The report also highlights the importance of Battery Energy Storage Systems (BESS), which are expected to significantly enhance the reliability and efficiency of renewable sources by improving capacity utilization factors.

Omniscience Research’s in-depth analysis offers a compelling blueprint for policymakers, investors, and industry stakeholders to collaborate in shaping India’s clean energy future.