With effective investment patterns and policies on the horizon, the total power generating capacity in India will reach 203,594 MW by 2013-14, says RNCOS in its latest research report.
(prHWY.com) September 8, 2011 - Noida, India -- According to our latest report "Indian Power Sector Analysis", the Indian power sector has witnessed a significant period of growth in recent years backed by factors including strong demand, active private sector participation, increasing investments, and favorable government support in the form of feasible programs and policies. The total installed capacity in the country grew from 132,329 MW in 2006-07 to 173,626 MW in 2010-11, which is an impressive growth over the recent past. However, much is needed to be done in order to bridge the demand-supply gap. It is estimated that due to effective investment patterns and well enacted public policies, the total installed power generation capacity will reach to 203,594 MW by 2013-14.
We have found that solar power has emerged as one of the leading sources for power generation in India. With states, such as Rajasthan, Gujarat, Tamil Nadu, and Maharashtra exploring new solar energy avenues, the country is likely to invest more funds in solar power. Private players have also been spending huge amount of money in solar power plants, thereby supporting a fast growing sector. According to government plants, the country is likely to produce 1,300 MW by 2013, another up to 10 GW by 2017, and more by 2022.
The report, "Indian Power Sector Analysis", is an effective source of knowledge and analysis on the fast growing power sector in India that provides an in-depth investigation of the market drivers and prominent trends. The report thoroughly studies the current market status with the help of reliable statistics and proper presentation. Moreover, it analyzes the renewable energy potential in the power generation and illustrates the recent state-wise developments.
The report is an outcome of an extensive research and prudent analysis of the Indian power sector that will help clients to analyze the driving forces and leading-edge opportunities critical to the success of the power industry. The forecasting in key sections of the report makes use of effective methods and techniques that seek to present a realistic market outlook.
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About RNCOS:
RNCOS 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.
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