Title: India Renewable Energy Sector Analysis
1India Renewable Energy Sector Analysis
2Summary
- Renewable energy contributes substantially
to the total power generation capacity in India.
In fact in FY2012, 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
FY2012. - 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 energys RD
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. -
-
3Continue
- 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. - 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.
4Continue
- 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
5Table Of Contents
- India Renewable Energy Outlook Potential
Installed Capacity - Decentralize/Off Grid Renewable Energy Scenario
- Focus on New Renewable Energy Resources
- Jawaharlal Nehru National Solar Mission
- Future Outlook for Renewable Energy Development
in India - Solid Waste to Electricity Company International
Limited
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