India's Draft National Electricity Policy 2026 Prioritizes Tech Indigenization and Energy Security

India's Draft National Electricity Policy 2026 unveils a strategic framework to enhance the country's energy security and self-reliance. Central to this policy is the push for substantial investments in cutting-edge technologies and smart grids, which are expected to modernize the nation's power infrastructure. By prioritizing tech indigenization, the policy seeks to reduce dependency on foreign technology and foster homegrown innovations, ensuring a resilient and sustainable energy future. The policy outlines several initiatives to achieve these ambitious goals, including the development of domestic manufacturing capabilities for advanced power equipment and the integration of renewable energy sources. By promoting local production, the policy aims to create jobs and stimulate economic growth, while also addressing environmental concerns. The emphasis on smart grids is expected to improve efficiency, reduce transmission losses, and facilitate better demand management, paving the way for a more reliable power supply across the country. Furthermore, the draft policy highlights the importance of collaboration between government bodies, private sector stakeholders, and academic institutions. This collaborative approach is designed to accelerate research and development efforts, ensuring that India remains at the forefront of technological advancements in the energy sector. As the policy undergoes further review and consultation, it promises to set a new benchmark for energy security and innovation in India, aligning with the nation's broader goals of sustainability and economic resilience.

— Authored by Next24 Live