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Energy and Power Industry in India 2020 Growth, Outlook, Future Opportunities
Energy and Power Industry
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India ranked sixth in a list of countries to make the most investment in clean energy at $90 billion in 2018. Primary energy sources are coal, natural gas, nuclear, Renewable (Hydro, Solar, Wind, Etc.), biofuels and waste, and oil. Renewable energy is the fastest-growing source of energy in India. The government has set the target to achieve 175 GW (gigawatt) installed capacity of renewable energy by FY 2022.
A Full Report of Indian Energy and Power Industry is Available at: https://marketinsight.in/industry-reports/indian-energy-and-power-sector
Economic growth potential, increasing prosperity, a growing rate of urbanization, and rising per capita energy consumption is contributing to increasing demand for energy in the country. Owing to these factors, the Indian energy and power industry is an attractive location for foreign investors. For instance, Green Energy Corridor with an estimated investment of $5.8 Bn has been set up to ensure evacuation of renewable energy from generation points to the load centers by creating transmission infrastructure.
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About Market Insight
Marketinsight.in, a sub-division of Orion Market Research (OMR), is a determined market research firm that simply aims at providing services such as consulting, customize research, field research and a growth strategy plan to the Indian enterprises. It provides a complete suite of customized services focused on to bringing process efficiency and market effectiveness in its services.
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