Indian Power Industry

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Indian Power Industry INDIAN POWER INDUSTRY AT A GLANCE IN 2014 - 2015 Indian Power Industry

The Indian Power Industry is undergoing major changes of late. Economic growth continues to call for a greater demand for Power in India. Power for all has become the motto of the new government at the centre.The Planning Commission's 12th Plan expects total domestic energy production to reach 669.6 million tonnes of oil equivalent (MTOE) by 2016-17 and 844 MTOE by 2021-22.By 2030 - 35, energy demand in India is projected to be the highest among all countries.

As of April 2014, total thermal installed capacity stood at 168.4 gigawatt (GW), while hydro and renewable energy installed capacity totalled 40.5 GW and 31.7 GW, respectively. At 4.8 GW, nuclear energy capacity remained broadly constant.Indian solar installations produced approximately 1,000 megawatt (MW) in 2014, according to Mercom Capital Group.

Indian Power in 2014-2015
Wind energy market of India is expected to attract about Rs 20,000 crore (US$ 3.16 billion) of investments in 2015, as companies across sectors plan to add 3,000 MW of capacity powered by wind energy.Around 293 global and domestic companies have committed to generate 266 gigawatts (GW) of solar, wind.

Mini-hydel and bio-mass based power in India over the next 5-10 years. The initiative would entail an investment of about US$ 310-350 billion. The industry has attracted FDI worth US$ 9,548.82 million during the period April 2000 to February 2015.By 2022, the installed power capacity in India is expected to reach 350 gigawatts (GW) from 243 GW in 2014, on the back of increasing industrialisation and economic development.

Indian Power Industry  INDIAN power Industry AT A Glance IN 2013 - 2014

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Indian Industry  back to power INDUSTRies