India has the fifth largest power generation capacity in the |
reactors and associated components . Foreign participation |
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world . India ' s installed capacity stood at 272.5 gigawatts |
in the development and financing of generation and |
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( GW ), as of FY15 . Thermal power , the largest component , |
transmission assets , engineering services , equipment |
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was 189.3 GW , followed by hydro 41.6 GW , renewable |
supply and technology collaboration in nuclear and clean |
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energy 35.8 GW and nuclear 5.8 GW . India ' s total power |
coal technologies is also expected to increase . |
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generation capacity has increased at a Compound Annual |
By 2022 , the installed power capacity in India is expected to |
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Growth Rate ( CAGR ) of 9.4 per cent over FY09 – 15 . |
reach 350 gigawatts ( GW ) from 243 GW in 2014 , on the |
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India is the third largest producer of electricity in the world . |
back of increasing industrialisation and economic |
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In FY15 , India generated 1,048.7 terawatt-hours ( TWh ) of |
development . The total market size of electrical machinery |
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electricity . Over FY10 – 15 , electricity production expanded |
in India is anticipated to reach US $ 100 billion by 2022 from |
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at a CAGR of 6.3 per cent . As per the 12th Five Year Plan , |
US $ 24 billion in 2013 . |
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India is targeting a total of 88.5 GW of power capacity |
The electrical machinery sector consists of generation , |
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addition by 2017 , of which , 72.3 GW constitutes thermal |
transmission and distribution machinery . The transmission |
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power , 10.8 GW hydro and 5.3 GW nuclear . |
and distribution market expanded at a compound annual |
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Renewable energy is fast emerging as a major source of |
growth rate ( CAGR ) of 6.7 per cent over FY07-13 . Boilers |
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power in India . |
Wind energy is the largest source of |
( 16 per cent ), cables ( 15 per cent ) and transmission lines |
renewable energy in India . It accounts for an estimated 60 |
and conductors ( 12 per cent ) account for a large chunk of |
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per cent of total installed capacity ( 21.1GW ). There are |
the revenue . The generation equipment market is expected |
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plans to double wind power generation capacity to 20GW |
to expand at a CAGR of 12.7 per cent over FY12 – 22 . |
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by 2022 . India has also raised the solar power generation |
The exports of electrical machinery rose to US $ 3.9 billion in |
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capacity addition target by five times to 100GW by 2022 . |
FY14 from US $ 3.4 billion in FY12 . Boilers & parts and |
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The Government of India has been supportive to growth in |
electrical wires and cables were the primary drivers of the |
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the power sector . It has de-licensed the electrical |
increase in exports . |
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machinery industry and also allowed 100 per cent Foreign |
The Government of India has de-licensed the electrical |
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Direct Investment ( FDI ) in the sector . Total FDI inflows in the |
machinery industry and has allowed 100 per cent foreign |
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power sector touched US $ 9.7 billion during the period |
direct investment ( FDI ) in the sector . It plans to set up the |
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April 2000 to May 2015 . |
Electrical Equipment Skill Development Council ( EESDC ) |
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With many bilateral nuclear agreements in place , India is |
which would focus on identifying critical manufacturing |
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expected to become a major hub for manufacturing nuclear |
skills required for the electrical machinery industry . |