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India Renewable Energy Sector Analysis

06-30-2017 07:24 AM CET | Energy & Environment

Press release from: Kuick Resarch

Renewable energy contributes substantially to the total power generation capacity in India. In fact in FY’2012, only about 56% of the total electricity produced used coal as the source of fuel to generate electricity, 20% power was produced by hydro or water based sources, 12% electricity was generated using renewable energy sources and gas contributed 9% to the total power generation. while 2% and 1% contribution came from nuclear and diesel based power for the FY’2012.

Indian Government gives multiple benefits to renewable energy projects such as no need for industrial clearance, availability of loan, excise duty exemption, custom duty concession, financial support to renewable energy’s R&D projects, income tax holiday, accelerated depreciation, preferential tariffs, interest and capital subsidies, energy buy-back and third party sale and trading. At the same time, the Government is also trying to reduce the capital cost of renewable energy projects so that more and more companies can invest in the sector. To fulfill this aim, Government is trying to adopt latest and suitable technologies in the sector and promote healthy competition among the players.
Backed by strong policy measures, India has become one of the hottest destinations for investment as it has witnessed more than 60% growth in investment rate. During the year 2011, India has received over US$ 10 Billion of investment showing the fastest expansion in investment trend. Additionally, Introduction of Jawaharlal Nehru Solar Mission (JLNSM) for promotion of solar power is expected to drive huge investment in this field as government has targeted to install 20 GW of solar power by 2020.

Download Report:

https://www.kuickresearch.com/report-India-Renewable-Energy-Sector-Analysis.php

Government has set a target to generate 53,000 MW from renewable energy sources by 2017. To achieve this ambitious target government has introduced several programs such as Generation Based Incentives (GBI), Renewable Energy Certificates, Feed-in-Tariff (FIT) support, solar specific, Renewable Purchase Obligation (RPO), Generation Based Incentives (GBI) and long term PPAs.

“India Renewable Energy Sector Analysis” Report gives detailed overview on the following aspect related to renewable energy sector in India:

* Significance of renewable energy for India
* Installed capacity by various renewable energy resources.
Government support and incentives for promotion of renewable energy by segment.
* Current Scenario of decentralize/off grid renewable energy.
* New sources of renewable energy: Hydro, Geothermal & Tidal energy.
* Detailed policy framework related to renewable energy sector.
* Future outlook for renewable energy in India

For Report Sample Contact: neeraj@kuickresearch.com or

visit: https://www.kuickresearch.com

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Kuick Research is a market research and analytics company that provides targeted information for critical decisions at business, product and service levels. We are quick, predictive and known by the recommendations we have made in the past. Our result-oriented research methodology offers understanding of multiple issues in a short period of time and gives us the capability to keep you full with loads of practical ideas. By translating research answers into strategic insight and direction, we not only rate the success potential of your products and/or services, but also help you identify the opportunities for growth in new demographies and find ways to beat competition.

Neeraj Chawla
neeraj@kuickresearch.com
KuicK Research
Avanta Business Center 4th Floor,
Statesman House Barakhamba Road,
Connaught Place New Delhi – 110 001, India
+91-11-47067990

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