India has built the world’s largest unified electricity grid and achieved its target of 50% renewable installed capacity five years ahead of schedule.

But generating, transmitting, and distributing 485 gigawatts of power while integrating the rapid expansion of clean energy is a hugely complex undertaking.

This report untangles India’s enormous power market, offering a comprehensive analysis of the players, regulators, policies, and market innovations shaping the country’s grid, and the challenges facing the industry as it charts a path to a renewables-dominated future.