India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste. Wind energy is estimated to contribute 60 GW, followed by solar power at 100 GW by 2022 and 15GW from biomass and hydropower. The target for renewable energy has been increased to 175 GW by 2022. Total installed capacity of power stations in India stood at 364.96 Gigawatt (GW) as of October 2019. Electricity production reached 658.55 BU in FY20 (As of September 19). India’s power sector is forecasted to attract investments worth Rs 9-9.5 trillion (US$ 128.24-135.37 billion) between FY19-23. Total FDI inflows in the power sector reached US$ 14.54 billion during Apr 2000 to June 2019. 100 per cent Foreign Direct Investment (FDI) allowed in the power sector has boosted FDI inflows in this sector. Total FDI inflows in the power sector reached US$ 14.54 billion during Apr 2000 to June 2019. As per Economic Survey 2018-19, additional investments in renewable plants up to year 2022 would be about US$ 80 billion and an investment of around US$ 250 billion for the period 2023-2030. The Government of India has released its roadmap to achieve 175 GW capacity in renewable energy by 2022, which includes 100 GW of solar power and 60 GW of wind power. The Union Government of India is preparing a 'rent a roof' policy for supporting its target of generating 40 gigawatts (GW) of power through solar rooftop projects by 2022. The Government of India’s focus on attaining ‘Power for all’ has accelerated capacity addition in the country. At the same time, the competitive intensity is increasing at both the market and supply sides (fuel, logistics, finances, and manpower).