The Key Players in Captive Power Generation Market in India

Tuesday 17 February 2015, Amsterdam

Market Research Report Press Release

The new report 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.

Commenting on the report, an analyst from the report's team said: “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.

Further, the report states that one of the major challenges in this market is fuel supply problems. Many CPPs face problems with the supply of coal because of the increase in demand from coal-based power plants.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Captive Power Generation Market in India 2014-2018

Captive Power Generation Market in India 2014-2018

Publish date : July 2014
Report code : ASDR-129788
Pages : 60

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