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Country Wise Track of Forthcoming Oil & Gas Projects, Thermal Power Plant Projects, Power Transmission Projects, Wind Power Projects, Solar Power Projects, Transportation and Logistics Projects
India is on the verge to witness a major transformation not only in terms of its social stature but in economic repute too. With correct measures taken into the right directions, India seems moving forward to take a centrifugal position in many areas of international affairs. Energy and infrastructure development is one such avenue in India that has already created its own space on the international podium and is gaining limelight from many of the global repute companies, courtesy which the Indian energy & infrastructure segment is anticipated to become a US Dollar Trillion market by FY’ 2020-21.
With no time, the RES industry in India has gain momentum by enrooting serious flow of funds of above USD 20 Billion from domestic as well as global market till the last fiscal (FY’2015-16). It is pertinent to note that during 2015, India was ranked among the top 5 developing countries of the world for highly investing into RES, courtesy the flow funds into the solar facet. The initiatives taken by the Indian government to push the solar industry has really worked well in pulling more than decent investments into the domain.
Renewable Energy Sector in India poised for remarkable growth with massive investment opportunity worth USD 250 Billion in store.To meet the ever growing energy demand of the country the Government of India has set targets which will take the total renewable capacity to almost 175 GW by the end of 2022. This includes 60 GW from wind power, 100 GW from solar power, 10 GW from biomass power and 5 GW from small hydro power.Moving in sync with the government at center for making India a hub for renewable energy, states too are putting dedicated efforts for up beating the renewable energy market in the country especially in solar.
In the backdrop of burgeoning energy needs, energy security and environmental concerns have emerged as very important for developing countries worldwide. As a result, the fact is now well established that the world has no other option but to transform the present energy usage pattern in favour of renewable sources, given the benefits it offers. India, is no exception in this regard.
Buoyed by the success of the Jawaharlal Nehru National Solar Mission, the MNRE is likely to launch National Biomass mission soon. Industry feels that, a National mission would fuel accelerated development in the biomass industry , same as JNNSM has done to Solar sector. Keeping these development in mind, ENINCON in its latest publication “National Biomass Mission in Offing: Identifying Lucrative Investment Pockets and Opportunity for Stakeholders across Value-Chain” has estimated that, after the announcement of National Mission, Biomass industry will attract an investment of $ 17.5 billion across the value chain
Enincon uncover the opportunity in wind sector in india and come up with Report ‘Offshore Wind Power in India – Unleashing Oceans of Opportunities’ as a part of ‘Fact Factor Report Series on Indian Wind sector’. The report has been prepared to cater the long standing need of wind sector professionals by providing them with quality information and analytis.