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last activity : 11 18 2010 11:33:25 +0000
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With the world population nearly doubling in the past three decades, the present surge in electricity demand, and the projected increase of the global population, the importance of available energy cannot be underestimated.
In India, the burning of coal accounts for approximately one half of all electricity generation, nuclear energy approximately one fourth of all electricity generation, and hydro, and gas roughly ten percent of the total electricity generation. Globally, India is presently positioned as the eleventh largest manufacturer of energy, representing roughly 2.4% of the overall energy output per annum.
Usually energy, especially electricity, has a major contribution in speeding up the economic development of the country. The existing production of per capita electricity in India is around 600 kWh per annum. Ever since 1990s, India’s gross domestic product (GDP) has been increasing very rapidly and it is estimated that it will maintain the pace in the next couple of decades. The rise in GDP should be followed by an increase in the expenditure of key energy other than electricity.
The Report on the Indian Power Sector draws attention the following matters:
• The aggressive market scenario of the Indian Power Industry.
• The significance of the role of the private players and foreign investments in the Power sector.
• Impact of the political condition, collaborations with private participants, new strategies and reforms in regulating the Oil & Gas sector in India.
• Significance of renewable sources of energy for Power Generation.
• The different prospects and difficulties faced by the Power Industry.
Growing concern about pollution and global warming has led many individuals and nations to consider the nuclear industry as an excellent alternative for future power generation. Technological advancements and increased public awareness concerning nuclear power are critical to the success of the nuclear industry. Investments made by the nuclear industry in both technology and education will likely be seen in the near future. The future power reforms will be in the field of nuclear energy.
In India, the burning of coal accounts for approximately one half of all electricity generation, nuclear energy approximately one fourth of all electricity generation, and hydro, and gas roughly ten percent of the total electricity generation. Globally, India is presently positioned as the eleventh largest manufacturer of energy, representing roughly 2.4% of the overall energy output per annum.
Usually energy, especially electricity, has a major contribution in speeding up the economic development of the country. The existing production of per capita electricity in India is around 600 kWh per annum. Ever since 1990s, India’s gross domestic product (GDP) has been increasing very rapidly and it is estimated that it will maintain the pace in the next couple of decades. The rise in GDP should be followed by an increase in the expenditure of key energy other than electricity.
The Report on the Indian Power Sector draws attention the following matters:
• The aggressive market scenario of the Indian Power Industry.
• The significance of the role of the private players and foreign investments in the Power sector.
• Impact of the political condition, collaborations with private participants, new strategies and reforms in regulating the Oil & Gas sector in India.
• Significance of renewable sources of energy for Power Generation.
• The different prospects and difficulties faced by the Power Industry.
Growing concern about pollution and global warming has led many individuals and nations to consider the nuclear industry as an excellent alternative for future power generation. Technological advancements and increased public awareness concerning nuclear power are critical to the success of the nuclear industry. Investments made by the nuclear industry in both technology and education will likely be seen in the near future. The future power reforms will be in the field of nuclear energy.
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4 comments on "Indian Power Sector – Existing Scenario Vs Future"
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Commented by
Sidhartha Singh, Sales/BD Manager, Tata Power
| 10 13 2008 13:59:47 +0000
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Rakesh K Swarnkar, Senior Consultant, MPCON LTD
| 10 07 2008 07:30:54 +0000
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Sidhartha Singh, Sales/BD Manager, Tata Power
| 07 14 2008 22:41:05 +0000
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DEEPAK KUMAR JAIN, Head/VP/GM-Investment Banking AUM INVESTMENT & MANAGENT CONSULTANTS
| 07 14 2008 22:07:42 +0000
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