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Publication Overview

India Energy Subsidy Briefing January 2018

As part of its work on energy policy and sustainable development in India, the Global Subsidies Initiative publishes a regular briefing on issues related to energy subsidies.

Below are highlights from the January 2018 edition:

  • Draft National Energy Policy proposes alignment of domestic energy prices with international rates
  • Rise in crude oil prices will increase the subsidy burden to the exchequer
  • The government will discontinue an increase in monthly subsidized domestic liquefied petroleum gas prices
  • Electricity, natural gas and petroleum products may be included in the new unified tax mechanism, the Goods and Services Tax
  • States will be legally obliged to provide 24x7 power for all by March 2019 and provide electricity subsidies only through direct benefit transfer
  • Competition is driving the prices of solar and wind energy in India

For any additional or more detailed information, please do not hesitate to contact Christopher Beaton or Vibhuti Garg.

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