Captive Power Generation Market in India 2014-2018 Order report by calling ReportsnReports.com at +1 888 391 5441 OR send an email on sales@reportsandreports.com with Captive Power Generation Market in subject line and your contact details. Although conventional fuels such as coal, gas, and diesel are predominantly used in captive power generation, renewable energy solutions appear to be making inroads into the market. A key factor driving this trend has been efforts to rationalize energy costs through fuel portfolio optimization. With the rise in fuel supply problems for coal-based CPPs, along with the increase in the price of diesel, the development of renewable energy-based CPPs such as solar, wind, and biomass has been gaining importance. Although PV systems are not feasible for the Metal and Chemical industries, there is potential for approximately 15 GW of solar captive power to supply electricity to commercial and public entities and educational and medical institutions. According to the report, one of the major drivers in this market is the problems related to grid interconnection. The non-availability of adequate grid supply, poor quality of power, and the unreliability of grid supply have forced heavy industries to set up their own CPPs rather than depend on grid supply. Captive Power refers to generation from a unit set up by industry majorly for its own consumption. According to the exact definition as per Electricity Act 2003, it is a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up by any cooperative society or association of persons for generating electricity primarily for use of members of such cooperative society or association. Captive Power Generations have been growing at a fairly aggressive pace in India. Industrial sector is one of the largest consumers of electrical energy in India. It consumes about 45.9 percent of total electricity consumption in the country. The demand for electricity in India has been continuously growing with time. Thus, to sustain and excel in the dynamic global environment, it has become imperative for the industries to ensure uninterrupted power supply for performance optimization which has subsequently led to the growth in Captive Power Generations in India. Buy a copy of report @ http://www.reportsnreports.com/Purchase.aspx?name=292810. Analysts forecast the Captive Power Generation market in India to grow at a CAGR of 4.5 percent over the period 2013-2018.
Captive Power Generation Market in India 2014-2018
Covered in this Report The report covers the segmentation of Captive Power Generation market in India as described below: Captive Power Generation Market in India 2014-2018, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the Captive Power Generation market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Analyst recognizes the following companies as the key players in Captive Power Generation Market: Essar Energy, Jindal Steel, Reliance Industries Limited, Vedanta Resources, Visa Steel, Hindalco, Welspun, Ultratech Cement. Inquire for Discount @ http://www.reportsnreports.com/contacts/Discount.aspx?name=292810. Market Driver
Problems with Grid Interconnection
Market Challenge
Fuel Supply Problems
Market Trend
Increasing Popularity of Renewable Captive Power Generation
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Captive Power Generation Market in India 2014-2018
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Captive Power Generation Market in India 2014-2018