Power Sector of India: Industry Outlook and Challenges
- Credit Rating Agency in India
- Industry Report
- Power Sector of India: Industry Outlook and Challenges
Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. In India, sources of power generation range from conventional sources such as coal, lignite, natural gas, hydro and nuclear power to viable non-conventional sources such as wind, solar, biomass etc. The Indian Power sector has come a long way from conventional generation, large energy deöcits and a low-performing grid by making efforts towards large-scale Renewable Energy (RE) based capacity addition. According to the International Energy Agency (IEA), India has seen its energy demand increasing faster as the country continues to urbanize. This growing demand is met through various energy sources, with coal set to remain the largest source of energy supply.1
Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. In India, sources of power generation range from conventional sources such as coal, lignite, natural gas, hydro and nuclear power to viable non-conventional sources such as wind, solar, biomass etc. The Indian Power sector has come a long way from conventional generation, large energy deöcits and a low-performing grid by making efforts towards large-scale Renewable Energy (RE) based capacity addition. According to the International Energy Agency (IEA), India has seen its energy demand increasing faster as the country continues to urbanize. This growing demand is met through various energy sources, with coal set to remain the largest source of energy supply.1
Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. In India, sources of power generation range from conventional sources such as coal, lignite, natural gas, hydro and nuclear power to viable non-conventional sources such as wind, solar, biomass etc. The Indian Power sector has come a long way from conventional generation, large energy deöcits and a low-performing grid by making efforts towards large-scale Renewable Energy (RE) based capacity addition. According to the International Energy Agency (IEA), India has seen its energy demand increasing faster as the country continues to urbanize. This growing demand is met through various energy sources, with coal set to remain the largest source of energy supply.1
Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. In India, sources of power generation range from conventional sources such as coal, lignite, natural gas, hydro and nuclear power to viable non-conventional sources such as wind, solar, biomass etc. The Indian Power sector has come a long way from conventional generation, large energy deöcits and a low-performing grid by making efforts towards large-scale Renewable Energy (RE) based capacity addition. According to the International Energy Agency (IEA), India has seen its energy demand increasing faster as the country continues to urbanize. This growing demand is met through various energy sources, with coal set to remain the largest source of energy supply.1