Home » Power and Energy Articles » Indian Power Sector: Existing Scenario Vs Future
Indian Power Sector: Existing Scenario Vs Future
In the wake of soaring consumption of electricity by the different segments of the burgeoning economy, India will necessarily need to explore renewal sources of power generation.
/Power and Energy PR News/ - NEW DELHI, INDIA, August 27, 2006 - India is one of the main manufacturers and users of energy. Globally, India is presently positioned as the eleventh largest manufacturer of energy, representing roughly 2.4% of the overall energy output per annum. It is also the world's sixth largest energy user, comprising about 3.3% of the overall global energy expenditure per year. In spite of its extensive yearly energy output, Indian Power Sector is a regular importer of energy, because of the huge disparity between oil production and utilization.
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 gross electricity production capability of Indian Power Sector is placed at around 111 GW. A key portion of this generated electricity i.e. 78 GW or 70 per cent is thermal energy. Though, this is still not sufficient.
The market research report by RNCOS titled "Indian Power Sector (2006)" clarifies that, within 2004-05, the overall quantity of electricity expended per head in the country was 400 KWh. The industrial sector accounted for about 35.6% of the total expenditure. The domestic segment used up around 24.8% of the electricity. Consumption by the commercial and the agricultural sector stood at 8.1% and 22.9% individually. The normal per capita consumption came to about 355 KWH.
According to the experts at RNCOS, "Along with economic growth and a reduction in the below the poverty level populace, the per capita electricity spending is sure to rise."
The Report on the Indian Power Sector also 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.
To purchase your copy: http://www.rncos.com/Report/IM041.htm
For more information about the report please visit www.rncos.com
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.
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com |
|
|
Press Release Contact Information:
Shushmul Maheshwari
RNCOS
CEO
29, 1st Floor, Patparganj Industrial area
Delhi, New Delhi
India 110092
Voice: 91-11-4214-1229
Fax: 91-11-4214-1229
Website: Visit Our Website |
|
|
|
|
| POWER AND ENERGY ARCHIVE SEARCH |
|
|
| |
| SUBMIT POWER AND ENERGY NEWS |
|
|
| |
|
|
Advertise With Us |
About Us |
Contact Us