Details

Power sector is the key cornerstone for infrastructure growth and sustainable development of country, Government of India has been bringing in policy amendment to facilitate investor confidence and stake holder satisfaction of all the facets of the power sector. As of September 2018, a draft amendment to Electricity Act, 2003 has been introduced. It discusses separation of content & carriage, direct benefit transfer of subsidy, 24*7 Power supply is an obligation, penalisation on violation of PPA, setting up Smart Meter and Prepaid Meters along with regulations related to the same. Scheme like, SAUBHAGYA and SHAKTI have been introduced to strengthen Power Generation sector of India.

It is anticipated that, coal-based power generation capacity in India, which currently stands at 190.29GW is expected to reach around 400 GW by 2040. The Government of India has released its roadmap to achieve 175 GW capacity in renewable energy by 2022 and based on execution trend since last 4 year, industry is seeking to revise the target to around 227 GW. In FY 18, energy generation recorded 6.1% growth to reach 1,203 Bn Units compared to 1134 Bn units in FY 17. Transmission capacity addition was 23,119 ckt Kms as against target of 23,086 Kms. In terms of opportunities, during the 2015–2020 period, India’s GDP is expected to grow at a CAGR of 7%, while electricity consumption is expected to grow at a CAGR of 6.7% . With the necessity to reduce the carbon emissions, the government aims to achieve a target of 15% of renewable energy in its power mix by 2020, which will require an investment of around 50 billion. The country also aims to develop 65.2 GW of wind capacity by 2020, which is expected to attract around $10.4 billion of annual investment. 

Further, central government has initiated the Smart Cities Mission to drive economic growth and improve the quality of life of people by enabling local area development and harnessing technology. Energy management is a key component of this mission. In the wake of these opportunities, the office of the integrated ministry for energy is supporting the changes  introduced in The Electricity (Amendment) Bill, 2014. To understand the likely changes in the Indian electricity legislative set-up, emerging techno-commercial trends, entry of new players, opportunities and challenges in the power sector, SNP Infra Research proposes the research
study on “Power Sector in India: Exhaustive Report on Transformation of Power Sector, Evolving Regulatory Framework, Tracking the Opportunity and Changing Risks”.

SNP Infra Research has conducted exhaustive primary and secondary market surveys to project the inherent opportunity of all facets of power sector in India. In this report we aim to analyse the changing dynamics of conventional as well as renewable power generation sector as well as inherent opportunity it offers to the industry players at a large. We have forward looking view on power transmission and distribution sectors in India to shape future business
strategies and government enablement in the sector. The report will be the single point reference to comprehend the changing investment landscape, proposals of the new government and discussions on the initiatives that will govern the sector till 2020.

Key Takeaways
• Market Size and Business Opportunity in Indian Conventional/Renewable Power Generation Sector
• Market Size and Business Opportunity in Power Transmission Sector till 2022.
• Power Trading Market in India and Impact assessment on power trading business due to
transmission congestion and Financial distress of Discoms in the country
• Amendment in Electricity Act, 2019 and its impact on all the stake holders
• Tune of Opportunity for EPC Contractor, Project Developer and Equipment Supplier.
• Viability review of renewable power projects amid drop in Bid price and changing taxation structure in renewable sector
• Intrinsic opportunities in rural electrification and off grid segment
• Best Investment Destination for Solar and Wind projects
• Financing Solution for Green Field Projects