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Noida, Uttar Pradesh, India, 2010/09/13 - RNCOS has recently added a new Market Research Report titled, "Indian Power Sector Analysis” to its report gallery. Our report focuses on the growing power sector in India.
RNCOS has recently added a new Market Research Report titled, "Indian Power Sector Analysis” to its report gallery. Electricity is one of the most vital infrastructure inputs for economic development of a country. There is a strong demand for electricity in India and it is steadily growing with the country’s economic growth and rising consumerism. The Indian electricity market today offers one of the highest growth potential for private players. Government reforms, e.g. distribution network Reforms Program, would be the key factor driving the power sector. Reforms such as The Electricity Act and National Electricity Policy will give impetus to the Indian power sector.
According to our new research report "Indian Power Sector Analysis”, there is a huge demand for power in some Indian states due to rapid urbanization and industrialization. Besides, opportunities for private players are increasing with high energy shortage and government support in the form of incentives to set up power plants. We have found that the number of merchant power plants will increase in the years to come with state governments inviting private players to invest in the power sector e.g. Gujarat, Maharashtra, Andhra Pradesh, etc.
Based on the study of the Indian power sector, we have discovered that the total installed capacity will add around 45000 MW by 2013-14. However, demand is much higher than supply with deficit is projected to be more than 12% during 2010-11. We have also found that renewable energy creates huge opportunities for power generators as the commitment to generate clean energy and environmental obligations have become top priority for most of the nations around the world. However, coal based power will remain the dominant source for energy in India.
The report has also revealed that un-conventional energy sources such as nuclear, wind and solar will fulfill a large chunk of India’s energy need in coming years. Many states are formulating exclusive policies for renewable energies in order to promote and develop these energy sources. Our report focuses on the growing power sector in India. It thoroughly investigates the current market trends, evolving markets and growth prospects for the power industry. It will help clients to analyze the driving forces and leading-edge opportunities critical to the success of the power industry.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.