Sep 23 2010
A recent study report titled ‘Indian Power Sector Analysis’ prepared and released by RNCOS, an industrial intelligence and creative solutions providing company, examines the current trends in Indian power sector and provides important details concerning the outlook potency of the Indian power sector.
The report offers a detailed analysis on power related aspects such as power consumption, distribution and transmission and the current production scenario of solar, wind and nuclear power sectors in India.
The report indicates that the hydropower generation in India will increase by two fold by the year 2017 owing to the initiatives on new power projects and massive government investment in setting up of new 14,000 MW power projects in the North Eastern region. The report details that though India has the potential to generate up to 300,000 MW power, it currently generates only 145,000 MW power due to various constraints. The report predicts that the huge demand for electric power is due to the growing number of industries and urbanization that will pave way for more private investors to enter into power production. According to the report only 910 MW of hydro energy is produced with private participation which represents less than 3% of the total hydro electric power generated. The report indicates that Himachal Pradesh has the maximum hydro power generating capability followed by Chattisgarh, Jammu and Kashmir, Arunachal Pradesh and Uttaranchal.
The report indicates that current power supply is inadequate to meet the growing demand for electricity and cites the currently experienced deficit in power supply during peak hours as well as in non peak hours. It quotes that the northern region of India is anticipated to reach its maximum power requirement during the year 2010-2011 closely followed by Southern and North Eastern regions. The report indicates that the private sector in India is interested in power production due to the prevailing demand and high price available for such production.
Source: http://www.rncos.com/