Being one of the fastest growing economies and the second largest populated country, India represents an attractive destination for the power industry. Over the past few years, there had been a splendid growth in the power generation and capacity and with proper enactment of several policies; the trend is likely to continue in the coming years as well. Reforms, such as the Electricity Act and National Electricity Policy are further providing the necessary impetus to the Indian power sector.
According to our new research report, “Indian Power Sector - New Opportunities for Growth”, demand for power in the country is rapidly increasing at a significant rate. To tackle the same, state governments in co-operation with central and private players are devising various strategies to ensure that the power deficits can be reduced and growing power needs can be met accordingly. Our team of domain experts presented an overall, regional and state-wise demand analysis till 2014-15 that will help in identifying the states with potential power demand. We have found that the Southern region has the maximum power demand.
The rapidly increasing electricity consumption in India is also creating power demand in the country. Major portion of electricity is consumed by industrial sector, followed by domestic and agriculture sector. Among all the states, Jammu & Kashmir had the maximum power shortage, whereas Sikkim had the highest surplus during 2011-12.
Currently, in India, maximum power projects that are upcoming and under construction are of Thermal. The exhaustive list of state-wise under construction & upcoming Thermal, Hydro and Nuclear power projects covering company name, number of units and total capacity (MW) is also included in our report.
Further, detailed analysis of electrical equipments market in India, which is broadly classified into two sectors - Generation Equipments and Transmission & Distribution (T&D) equipments are also included in our report. Generation Equipment segment consists of Boilers, Turbines and Electric Generators while the T&D equipment segment consists of Cables & Wires, Transformers, Switchgears, Energy Meters, Capacitors, Rotating Machines, Transmission Lines and Conductors. Our analysts closely studied each segment, majorly focusing on their production, major players, recent industry activities of past one year and market forecast till 2014-15.
Besides, we have also provided the growth in transmission lines and transformation capacity along with planned distribution system. The report also covered statistical snapshot on state-wise transmission & distribution power loss, which will help clients to gain industry insights. The current status of power sector in terms of surplus and shortage across various states of India has also been covered in the report. Overall, the report is likely to prove as a proper source of knowledge for investors and clients interested for investment in the Indian power sector.