| Product Code: ETC7548635 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India natural gas fired electricity generation market's import shipment demonstrated a declining trend from 2020 to 2024, with a CAGR of -2.2%. However, there was a slight improvement in growth momentum between 2023 and 2024, with a decrease in the growth rate to -0.7%. Overall, the market experienced a slowdown in imports over the period.
The India Natural Gas Fired Electricity Generation Market is experiencing significant growth driven by increasing energy demand, government initiatives promoting cleaner energy sources, and the need to reduce carbon emissions. Natural gas is becoming a preferred choice for electricity generation due to its lower greenhouse gas emissions compared to coal and oil. The market is witnessing investments in infrastructure development, such as pipelines and power plants, to support the growing demand for natural gas-fired electricity generation. Key players in the market are focusing on adopting advanced technologies to improve efficiency and reduce environmental impact. With the government`s emphasis on increasing the share of natural gas in the energy mix, the India Natural Gas Fired Electricity Generation Market is poised for further expansion in the coming years.
The India Natural Gas Fired Electricity Generation Market is experiencing significant growth due to the country`s efforts to reduce reliance on coal and transition towards cleaner energy sources. Key trends include increasing investment in natural gas infrastructure, government policies promoting natural gas utilization, and the rising demand for cleaner energy solutions. Opportunities in the market include the potential for expansion of natural gas-fired power plants, advancements in technology for efficient electricity generation, and partnerships with international companies to enhance infrastructure and supply chains. The market is expected to continue growing as India aims to meet its renewable energy targets and improve air quality, presenting attractive prospects for investors and stakeholders in the natural gas-fired electricity generation sector.
In the India Natural Gas Fired Electricity Generation Market, there are several challenges that hinder its growth and efficiency. One major challenge is the insufficient infrastructure for natural gas transportation and distribution, leading to limited access to gas-fired power plants. Additionally, the pricing of natural gas is often volatile and subject to external factors, impacting the cost-effectiveness of electricity generation from gas. Regulatory barriers and bureaucratic red tape also contribute to delays in project approvals and implementation. Furthermore, the competition from other sources of energy, such as coal and renewable sources, presents a challenge in terms of cost competitiveness and environmental considerations. Addressing these challenges will require significant investments in infrastructure development, regulatory reforms, and strategic planning to ensure the sustainable growth of natural gas-fired electricity generation in India.
The India Natural Gas Fired Electricity Generation Market is primarily driven by factors such as the increasing focus on reducing carbon emissions, government initiatives to promote clean energy sources, the abundance of natural gas reserves in the country, and the growing demand for reliable and efficient power generation. Additionally, the flexibility and cost-effectiveness of natural gas-fired power plants, along with their lower environmental impact compared to coal-fired plants, are attracting investments in this sector. The rising electricity demand, coupled with efforts to diversify the energy mix and reduce dependence on coal, is further propelling the growth of natural gas-fired electricity generation in India. Overall, the market is driven by a combination of environmental concerns, government support, resource availability, and economic factors.
In India, the government has implemented various policies to promote natural gas-fired electricity generation as part of its efforts to increase energy efficiency and reduce carbon emissions. The Electricity Act of 2003 allows private players to participate in the electricity sector, creating a competitive market for natural gas-fired power generation. The government has also launched initiatives such as the City Gas Distribution (CGD) network expansion and the Pradhan Mantri Urja Ganga project to increase the availability and accessibility of natural gas for power generation. Additionally, the National Gas Grid aims to connect gas sources to demand centers across the country, facilitating the growth of natural gas-fired electricity generation. Overall, these policies demonstrate the government`s commitment to promoting clean energy sources like natural gas in the electricity sector.
The India Natural Gas Fired Electricity Generation Market is expected to witness significant growth in the coming years due to the country`s increasing focus on reducing carbon emissions and transitioning towards cleaner energy sources. The government`s push for renewable energy and natural gas as a transition fuel, along with the growing demand for electricity in the country, will drive the market expansion. Additionally, the availability of abundant natural gas reserves domestically and the development of infrastructure for gas-fired power plants will further boost the market. The market is also likely to benefit from the increasing investment in natural gas infrastructure and the ongoing efforts to improve energy efficiency. Overall, the India Natural Gas Fired Electricity Generation Market is poised for steady growth and is expected to play a crucial role in India`s energy transition.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Natural Gas Fired Electricity Generation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Natural Gas Fired Electricity Generation Market Revenues & Volume, 2021 & 2031F |
3.3 India Natural Gas Fired Electricity Generation Market - Industry Life Cycle |
3.4 India Natural Gas Fired Electricity Generation Market - Porter's Five Forces |
3.5 India Natural Gas Fired Electricity Generation Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Natural Gas Fired Electricity Generation Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 India Natural Gas Fired Electricity Generation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on cleaner energy sources and reducing carbon emissions |
4.2.2 Growing demand for electricity in India |
4.2.3 Government initiatives and policies promoting natural gas-fired electricity generation |
4.3 Market Restraints |
4.3.1 Volatility in natural gas prices |
4.3.2 Limited availability and infrastructure for natural gas distribution |
4.3.3 Competition from other energy sources like coal and renewable energy |
5 India Natural Gas Fired Electricity Generation Market Trends |
6 India Natural Gas Fired Electricity Generation Market, By Types |
6.1 India Natural Gas Fired Electricity Generation Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Natural Gas Fired Electricity Generation Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 India Natural Gas Fired Electricity Generation Market Revenues & Volume, By Open Cycle, 2021- 2031F |
6.1.4 India Natural Gas Fired Electricity Generation Market Revenues & Volume, By Combined Cycle, 2021- 2031F |
6.2 India Natural Gas Fired Electricity Generation Market, By End use |
6.2.1 Overview and Analysis |
6.2.2 India Natural Gas Fired Electricity Generation Market Revenues & Volume, By Power & Utility, 2021- 2031F |
6.2.3 India Natural Gas Fired Electricity Generation Market Revenues & Volume, By Industrial, 2021- 2031F |
7 India Natural Gas Fired Electricity Generation Market Import-Export Trade Statistics |
7.1 India Natural Gas Fired Electricity Generation Market Export to Major Countries |
7.2 India Natural Gas Fired Electricity Generation Market Imports from Major Countries |
8 India Natural Gas Fired Electricity Generation Market Key Performance Indicators |
8.1 Average capacity utilization rate of natural gas-fired power plants |
8.2 Number of new natural gas-fired power plants commissioned |
8.3 Investment in natural gas infrastructure development |
8.4 Percentage of electricity generated from natural gas in the overall energy mix |
8.5 Adoption rate of advanced technologies in natural gas-fired electricity generation. |
9 India Natural Gas Fired Electricity Generation Market - Opportunity Assessment |
9.1 India Natural Gas Fired Electricity Generation Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Natural Gas Fired Electricity Generation Market Opportunity Assessment, By End use, 2021 & 2031F |
10 India Natural Gas Fired Electricity Generation Market - Competitive Landscape |
10.1 India Natural Gas Fired Electricity Generation Market Revenue Share, By Companies, 2024 |
10.2 India Natural Gas Fired Electricity Generation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |