Power Demand in India to Grow Manifolds

Monday 24 September 2012, Amsterdam

According to the new research report, "Indian Power Sector - New Opportunities for Growth", with rapidly increasing electricity consumption, the power sector demand in India has been growing at a face pace over the past few years and the trend is expected to continue in future as well. We have found that the Southern region has the maximum power demand.

Further, with initiatives from state governments in co-operation with central and private players to ensure that growing power needs can be met is resulting in the growth of power sector in India. The report found that the growing demand in power sector is exploring opportunities for the electrical equipment industry. As per our analysis, the market for electrical equipment is anticipated to grow at a CAGR of over 13% during 2011-12 to 2014-15.

Research Analysis & Highlights

The report, "Indian Power Sector - New Opportunities for Growth" spread over in 170 pages provides detailed state-wise and overall statistical snapshot of power sector in India including installed capacity and its share by energy source along with per capita electricity consumption. Additionally, we have included state-wise - list of under construction and upcoming power projects and demand forecast of electricity consumption in India.

Besides, the report provides comprehensive market analysis and forecast till 2014-15 of electrical equipment industry in the country along with its segments - Generation Equipments (Boilers, Turbines and Generators) and Transmission & Distribution (T&D) equipments (Cable & Wires, Transformers, Switchgears, Energy Meters, Capacitors, Transmission Lines and Conductors and Rotating Machines).