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Renewable Energy in India : Opportunities and Challenges

Company Name : Generic

Renewable Energy in India – An Overview

  •  Total installed capacity in the country is 141,500 MW as on February 29, 2008
  •  As of June 2007, in India, Generation capacities based on renewable resources are around 10.7 GW showing a y-o-y growth rate of 30%
  • This represents ~7% of the total installed capacity, below global average
  •  Including large hydro capacity, renewable capacity is ~46 G
  •  India consumes 3.7% of the world’s commercial energy - the 5th largest consumer of energy globally
  •  India is facing large supply-demand mismatches, with some areas without any access to electricity altogether
  •  Period from Apr-07 to Feb-08 witnessed a deficit of 16998 MW, or 15.8% of the demand Key drivers for renewable energy in India
  •  Ample number of sites for Wind, Hydro and Solar Plants
  •  Government incentives
  •  Increasing sources of finance

India – An Attractive Renewable Energy Market

  •  The Indian subcontinent has a large potential for power generation by the effective utilization of renewable energy 
  •  The Ministry of New and Renewable Energy (MNRE), Govt. of India has planned a target of 10,000 MW renewable energy during the 11th five year plan (i.e. 2007 to 2012).
  •  India ranked among the most attractive countries worldwide  based on regulatory environment, feasibility for renewable energy generation and other incentives for development
  •  Overall score of 64/100 for all Renewables


Market Niches

Solar Energy
Waste to Energy
Geothermal Energy
Tidal Energy
Wind Energy
TIDAL Energy System
Energy Efficiency
Energy Policy

Related Work

Wind, Hydro, solar, renewable energy,

Sponsors

  • Patels Airtemp (India) Ltd
  • VAG-Valves (India) Private Limited
  • Jet Fibre Pumps & Equipments Pvt. Ltd
  • Polucon Projects India Private Limited
  • Superior Products International, Inc
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