SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 157

HIGH PRIORITY MARKET - POWER
EXECUTIVE SUMMARY
Installed capacity set to increase
267.4
FY15
CAGR : 3.9 %
350
FY22
By 2022 , installed power capacity in India is expected to reach 350 GW from 267.4 GW in 2015 due to increasing industrialisation and economic development
Demand for generation equipment on the rise
3.7
CAGR : 17.0 %
27.5
By 2022 , India ' s generation equipment industry is expected to increase to USD27.5 billion from USD6.7 billion in 2013
2013 2022E
Increasing power demand to drive T & D equipment market
12.7
CAGR : 3.9 %
75.0
By 2022 , the T & D equipment market in India is expected to expand to USD75 billion from USD12.7 billion in 2013
2013 2022E 2013 2022E
Source : Central Electrical Authority , Electrical Monitor , Government of India , Ministry of Heavy Industries , TechSci Research Notes : T & D -Transmission & Distribution , E -Estimated
Power backup equipment to witness a 5-fold rise by 2022
1.2
CAGR : 27.2 %
6.7
Demand for generators is expected to increase to USD6.7 billion by 2022 from USD1.2 billion in FY15
FY15
FY22
Coal demand to remain high
787.03
CAGR : 6.0 %
1180.00
Demand for coal is expected to increase to 1,180 million tonnes by 2022 from 787.03 million tonnes in FY2015
FY15
FY22
Source : Government of India , Ministry of Heavy Industries , CEA , TechSci Research Note : E -Estimated
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