Renewable Energy Sources Gaining Ground in India

According to our research report “Indian Power Sector Analysis”, coal-based thermal power and hydro power remain the major source of power generation in India, but renewable energy sources (RES) are also gaining ground in India, especially wind energy. Majority of the private sector investments are diverting towards RES in India. The prime reason behind this is the government support. Foreign investors can now form joint ventures with Indian partners for technical or financial collaboration and for the establishment of power generation products based on renewable energy. The total estimated medium-term potential (2032) for power generation from RES in the country is about 88,081 MW.

 

Our study shows that the demand for power in India has been continuously increasing due to rapid development and industrialization. But still there is a huge deficit in power during peak hours as well as normal hours. This deficit provides the platform for further investment in the Indian power sector. We have analyzed this situation in our report. Our report also provides power demand availability for 2010-11 in India. We have found that the economic growth, regulatory reforms, and rural electrification program will provide impetus to the Indian power sector.

 

We have also compared the Indian power sector with other developing countries from the investment perspective and regulatory environment. The report has covered details on annual growth in electricity generation in terms of region till 2030. The cumulative investment in energy infrastructure in India till 2030 has also been covered. Our report has also discussed the potential for private players in power generation with an insight on states providing opportunities to private players.

 

The report has discussed in detail the non-conventional energy resources including nuclear, wind, and solar power. The report has also conducted a state level analysis of solar power. Our study provides unexplored opportunities to our clients. The report has analyzed the industry performance by installed capacities of power utilities discussing different states, by power transmission, by power distribution, and by power consumption. The report also provides an insight on challenges, regulatory framework, and key players in power generation, transmission, and distribution.

For more information visit: http://www.rncos.com/Report/IM114.htm