Indian power generation market: Narrowing the gap between supply & demand

Journal Article · Wed Jan 01 04:00:00 EST 1997 · Diesel and Gas Turbine Worldwide

OSTI ID:460029

Wilson, R

It is estimated that per capita consumption of electricity in India is less than 350 kWh per year, an extremely low level by world standards. India accounts for 16% of the world`s population, but only 3% of world energy consumption. Massive investments, as much as US $10 billion over the next five years, are needed to narrow the gap between supply and demand. Power sector policy reforms dating back to 1991 have encouraged private investors, but the lndian bureaucracy itself still bubbles with protectionist leanings and corruption, resulting in delays and inefficiencies. Stakes in the Indian power sector are so high, however, that investor interest is still keen. Most predict better than double-digit growth in the Indian energy sector through 2000. Those who have been persistent in courting the India power sector will eventually reap the rewards. This paper describes some of the projects in the works at present and the companies and equipment manufacturers involved. 6 figs.

• OSTI ID: 460029
• Journal Information: Diesel and Gas Turbine Worldwide, Journal Name: Diesel and Gas Turbine Worldwide Journal Issue: 1 Vol. 29; ISSN DGWODS; ISSN 0278-5994
• Country of Publication: United States
• Language: English

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