Renewable Sources in India to add 1,00,000 MW by 2050

Renewable Sources in India to add 1,00,000 MW by 2050

Adding up to 7% of the installed capacity of power generation in India, renewable sources of energy account for more than 7,500 MW. However, it’s anticipated that the renewable sources will add up to 1,00,000 MW by the year 2050.

In 2005, electricity generation in India grew at a CAGR of 6.2%. However the demand far exceeded the supply by 12.1%. At present India enjoys an institutional capacity of 135,000 MW, which primarily includes hydro, thermal, nuclear & renewable energy sources. The country is anticipated to add up to 620,000 MW to this within the next 20 years.

In its recently published market research report named, “Indian Power Sector (2006)” RNCOS has included the following facts:

§ With a contribution of about 55%, state sector was a prominent player to the overall energy generation in 2005.
§ Central and private sectors remained second and third with 31.1% & 12.4%, respectively.
§ Besides coal, thermal energy is another important source for generating power.

As per experts at RNCOS, “Renewable sources of energy are not only a feasible source of power generation for a growing economy such as India. It also helps in reducing harmful gases emission compared to other means of generation of power. ”

Salient Features of the Report:

§ Discussion on the current industry trends.
§ Challenges and opportunities before the power sector in India.
§ Importance of foreign investment and private participation in this sector.
§ Impacts of various government policies on the industry.
§ Profile of key players and their strategies.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM041.htm
For more information about the report please visit www.rncos.com