Indian power sector is undergoing a significant change |
energy installed capacity totaled 42.6 GW and 37.4 GW , |
that has redefined the industry outlook . Sustained |
respectively . At 5.8 GW , nuclear energy capacity |
economic growth continues to drive electricity demand in |
remained broadly constant compared with the previous |
India . The Government of India ’ s focus on attaining |
year . India ' s rooftop solar capacity addition grew 66 per |
‘ Power For All ’ has accelerated capacity addition in the |
cent from last year to reach 525 Mega Watts ( MW ), and |
country . At the same time , the competitive intensity is |
has the potential to grow up to 6.5 giga watts ( GW ) 1 . |
increasing at both the market and supply sides ( fuel , |
India ’ s wind power capacity , installed in FY2016 , is |
logistics , finances , and manpower ). |
estimated to increase 20 per cent over last year to 2,800 |
The Planning Commission ’ s 12th Five-Year Plan estimates |
Mega Watt ( MW ) 2 , led by favourable policy support that |
total domestic energy production to reach 669.6 million |
has encouraged both independent power producers ( IPP ) |
tonnes of oil equivalent ( MTOE ) by 2016 – 17 and 844 |
and non-IPPs . |
MTOE by 2021 – 22 . By 2030 – 35 , energy demand in India |
India ’ s wind energy market is expected to attract |
is projected to be the highest among all countries |
investments totaling Rs 1,00,000 crore ( US $ 15.7 billion ) |
according to the 2014 energy outlook report by British oil |
by 2020 , and wind power capacity is estimated to almost |
giant , BP . |
double by 2020 from over 23,000 MW in June 2015 , with |
As of November 2015 , total thermal installed capacity |
an addition of about 4,000 MW per annum in the next |
stood at 196.2 gigawatt ( GW ), while hydro and renewable |
five years . |
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SunEdison , world ’ s largest renewable energy |
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The Dilip Shanghvi family , founders of Sun Pharma , |
company , plans to continue its focus on ‘ Make in |
acquired 23 per cent stake in Suzlon Energy , with a |
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India ’ by further reducing the cost of renewable |
preferential issue of fresh equity for Rs 1,800 crore |
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energy and developing over 15 gigawatts ( GW ) of |
( US $ 284.8 million ). |
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wind and solar projects in the country by 2022 . |
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Reliance Power Ltd signed an accord with the |
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ThyssenKrupp India , the Indian arm of the German |
Government of Rajasthan for developing 6,000 MW of |
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engineering conglomerate , plans to make high-grade |
solar power projects in the state over the next 10 |
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environment-friendly boilers which use less fuel , for |
years . |
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the Indian power sector by collaborating with a |
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Hilliard Energy plans to invest Rs 3,600 crore ( US $ |
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foreign company . |
600 million ) in Ananthapur district of Andhra Pradesh |
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Aditya Birla Group has announced a partnership with |
in the solar and wind power sector for the generation |
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the Abraaj Group , a leading investor in global growth |
of 650 MW of power . |
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markets , to build a large-scale renewable energy |
Ÿ |
Solar technology provider SunEdison signed a |
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platform that will develop utility-scale solar power |
definitive agreement to acquire Continuum Wind |
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plants in India . |
Energy , Singapore , with assets in India . The company , |
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Ÿ |
Sterlite Grid , India ’ s largest private operator of |
headquartered in Belmont , California , would take over |
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transmission systems , is joining hands with US major |
242 MW of operating wind assets that Continuum |
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— Burn & McDonnell for its Rs 3,000-crore ( US $ 462.5 |
owns and operates in Maharashtra and Gujarat as |
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million ) power transmission project in the Kashmir |
well as 170 MW of assets under construction . |
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valley . |
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Japanese internet and telecommunications giant |
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Inox Wind Ltd , a subsidiary of Gujarat |
SoftBank , along with Bharti Enterprises ( of Sunil |
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Fluorochemicals , a wind energy solutions provider , |
Mittal ) and Taiwanese manufacturing giant Foxconn , |
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plans to double its manufacturing capacity to 1,600 |
plan to invest US $ 20 billion in solar energy projects |
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MW at a total investment of Rs 200 crore ( US $ 31.6 |
in India . |
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million ) by the end of the next financial year . |