Market Research Report : Power sector in india 2014 - Press release

FOR IMMEDIATE RELEASE Power Sector Outlook – Increase in installed capacity is boosting the power sector Netscribes, Inc. launches a report on the Netbook Market in India 2014 covering a market with strong growth potential. It is a part of Netscribes’ Energy Industry Series.

Mumbai, India – November 25, 2014 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Power Sector in India 2014’. Growth in the manufacturing industry is boosting the power sector in India.

Netscribes’ latest market research report titled Power Sector in India 2014 states that consumption of electricity is going to rise in the coming years. India is among the top energy users in the world. Regionwise installed capacity has increased over the last few years. Keeping in mind the growth in consumption, the government is taking measures to increase the installed capacity to minimize the demand and supply gap. There has been a shift from the traditional value chain to the modern value chain in the power sector. In India, power sector is governed by stringent government regulations. Mainly the National Electricity Policy and the Tariff Policy governs the power sector in India. The future of power sector in India is very bright. Power sector – India contributes to the GDP of the country.

Private-public-partnership model (PPPs) especially in the infrastructure sector is gaining prominence in the country. Growth in the manufacturing sector along with growth in the residential consumption has driven the power sector. Other factors such as rural electrification programs and realization of emerging dreams have driven the sector. Shortage of coal is a major challenge which is manifested in the inability to minimize the demand and supply deficit. Huge transmission losses and improperly maintained infrastructure contributed to the challenges. Increase in FDI has increased along with private equity firms showing interest in the power sector. Increase in domestic investments has also increased.

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