Powergen India 2010
21st - 23rd April 2010
POWERING THE FUTURE
India remains the fourth largest economy in the world, and its hunger for electricity is far from being satisfied.
According to the Ministry of Power, in the period 2007-2008 peak demand rose close to 109 000 MW, while peak generation was just under 91 000 MW. This represents a 16 per cent deficit in peak demand.
India is halfway through its 11th Five-Year Plan (2007-2012), which aims to add 78 000 MW of new capacity in order to reach the Indian Government’s ambitious mission of ‘Power for All by 2012’. This translates into a target of 200 000 MW of installed generation capacity by 2012.
Unlike previous Five-Year Plans, the 11th Five-Year Plan appears to be progressing well. According to figures released by the Central Electricity Authority, as of January 2009 India had over 147 000 MW of installed generation capacity.
Further, the Ministry of Power’s ultra-mega power projects (UMPPs) initiative, launched in 2006, is beginning to pick up momentum. As of August 2008, a total of 12 UMPPs are planned - these are 4000+ MW supercritical coal fired power stations. To date four of the projects have been awarded.
In an effort to diversify its power generation portfolio, India is also focusing on low-carbon sources, including renewable energy which continues to be one of India’s fastest growing energy sectors. According to analysts India will have a total installed wind capacity of close to 23 000 MW by 2012.
India’s electricity sector is developing fast, but is still in urgent need of significant investment. As a result, the Indian power industry in what is the world’s second most populous country offers excellent investment opportunities for private investors, both within and outside India.
We hope to see you at this event where you can learn more about Hayward Tyler.
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Hayward Tyler Group Ltd.
www.haywardtyler.com
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