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Dublin, Nov 24, 2023 (GLOBE NEWSWIRE) — The ‘Energy Sector in India 2023 – 2028’ report has been added to the ResearchAndMarkets. com offering. India’s energy sector is undergoing a significant change that has redefined the industry’s outlook. The future of India’s power sector is bright, and sustained economic expansion continues to drive the demand for electric power in the country. The private sector of India’s power industry generates 49% of the country’s thermal energy, while the states and the center generate 25% and 26. 0%, respectively. Billion sets (BU) in April 2023. The Government of India has set the power generation target (including renewables) for FY2024 at 1,750 BU, i. e. an expansion of about 7. 2% over a real output of 1,624,158 BU for the 2023 monetary year.
The Indian government has set an ambitious target of 500 GW of non-fossil energy capacity by 2030. As of September 30, 2023, we have installed 186 GW of capacity from non-fossil sources, representing approximately 43% of our energy. Total installed capacity.
The last nine years have seen the fastest expansion of the renewable energy sector among all primary economies; Installed capacity has more than doubled and renewable energy generation has also increased significantly. We have attracted more than $80 billion in investments, adding significant FDI. COVID-19 Impact Analysis: In 2022, India’s electric power demand grew by approximately 8% (almost double the speed of the Asia-Pacific region) to over 149. 7 terawatt hours (TWh ) from last year. And in the first two months of 2023, demand increased 10% compared to a year ago. The heat wave and the easing of COVID-19 restrictions demand greater electrical energy in the first and second part of 2022.
Erratic weather situations and increased agricultural activity were among the main reasons for the strong expansion recorded in the second part of last year. In northern Haryana and southern Telangana, unforeseen droughts contributed to higher demand for electricity by agricultural consumers in November and December 2022, according to tests conducted by grid operators in other states. The return of employees to work in Silicon Valley, India, in Bengaluru, Karnataka state, has also caused a decline in energy consumption. Additionally, in Kerala, live streaming of World Cup matches potentially contributed to a 4. 1% increase in peak demand. Key topics covered: Chapter 1: Analytical summary Chapter 2: Socioeconomic indicators Chapter 3: Introduction 3. 1. Market Definition and Structure Chapter 4: Market Overview 4. 1. Electrical sector – Production overview4. 2. Electricity sector: general overview of supply and demand4. 3. Country’s electricity sector: overview of installed capacityChapter 5: Market segment5. 1. Thermal energy 5. 1. 1. Installed capacity (GW)5. 2. Hydroelectric energy 5. 2. 1. Installed capacity (GW)5. 3. Nuclear energy5. 3. 1. Installed capacity (GW)5. 4. Renewable energy5. 4. 1. Installed capacity (GW)Chapter 6: Impact of COVID-196. 1. Impact on Indian Energy Exchange (IEX) Chapter 7: Government Policies 7. 1. Government policiesChapter 8: People who influence the market8. 1. Market factors8. 2. Market challengesChapter 9: Market trends9. 1. Market Trends Chapter 10: Competitive Landscape 10. 1. Adani Power Limited
Company Information
description of the activity
Produce
Key People
Financial Summary
Key Ratios
Financial KPIs
Key Industries
Key Geographic Segments
Note: Similar data covered for public companies10. 2. CESC Limited10. 3. Damodar Valley Company (DVC)10. 4. NHPC Limited10. 5. NTPC Limited10. 6. SJVN Limited10. 7. Suzlon Energy Limited10. 8. Tata Power Limited10. 9. Websol Energy System Limited 10. 10. Nuclear Power Corporation of India Limited (NPCIL)Chapter 11: Recent DevelopmentsChapter 12: Annex
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