India is the third largest producer and third largest consumer of electricity globally. As of February 2019, India's total installed power capacity reached 350.16 GW. The country has achieved 100% household electrification and aims to source 175 GW of power from renewable sources like solar and wind by 2022. Major players in India's power sector include state-owned NTPC and NHPC, and private companies like Tata Power, Reliance Power, Adani Power, and CESC.
Modern Energy Transport - Country Analysis IndiaAdityaDesai77
Analysis of Grid Infrastructure & Renewable Energy Potential.
Current Developments and the trends for the magnanimous growth of Electricity Demand for 1.3 Billion people.
Modern Energy Transport - Country Analysis IndiaAdityaDesai77
Analysis of Grid Infrastructure & Renewable Energy Potential.
Current Developments and the trends for the magnanimous growth of Electricity Demand for 1.3 Billion people.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
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how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
2. Table of Content
Executive Summary……………….….……..3
Advantage India…………………..….……...4
Market Overview …………………….……...6
Strategies Adopted………….….…..……...15
Growth Drivers……………………..............17
Opportunities…….……….......…………….26
Industry Associations………..………….....31
Useful Information………..........…………..33
3. For updated information, please visit www.ibef.orgPower3
EXECUTIVE SUMMARY
India is the third largest producer and third largest consumer of electricity in the world, with the installed power
capacity reaching 350.16 GW as of February 2019. The country also has the fifth largest installed capacity in
the world.
Third largest producer and
third largest consumer
globally
Source: Make in India website, Ministry of New and Renewable Energy, IEA, CEA (Central Electricity Authority), Aranca Research, Assorted articles
Note: GW – Gigawatt,
India is on path to achieve 100 per cent household electrification by March 31, 2019, as envisaged under the
Saubhagya scheme.
As of January 2019, more than 24.7 million households have been electrified under Saubhagya scheme.
By 2018, a total of 25 states have achieved 100 per cent household electrification which included 23.1 million
rural and 844,670 urban households. The remaining households are expected to be electrified by March
2019.
Electrification
achievements
Wind energy is estimated to contribute 60 GW, followed by solar power at 100 GW by 2022.
The target for renewable energy has been increased to 175 GW by 2022.
Robust growth in
renewables
100 per cent FDI is allowed under the automatic route in the power segment and renewable energy.
Favourable policy
environment
5. For updated information, please visit www.ibef.orgPower5
ADVANTAGE INDIA
Expansion in industrial activity to boost demand
for electricity.
Growing population along with increasing
electrification and per-capita usage to provide
further impetus.
Power consumption is estimated to reach
1,894.7 TWh in 2022.
Ambitious projects and increasing
investments across the value chain.
The Government of India is expected to
offer nearly 20 power transmission
projects worth Rs 16,000 crore (US$
2.22 billion) for bidding in 2019.
Increasing growth avenues in renewable
power segment, driven by the target to
achieve renewable installed capacity of
175 GW by FY22.
General Electric has strengthened its
turnkey solution offerings and is increasing
its presence in India’s power sector by
integrating its renewable and grid offerings
Total FDI inflows in the power sector
reached US$ 14.22 billion during April 2000
to December 2018, accounting for 3.48 per
cent of total FDI inflows in India.
India’s power sector is forecasted to attract
investments worth Rs 9-9.5 trillion (US$
128.24-135.37 billion) between FY19-23.
100 per cent FDI allowed in the power
sector has boosted FDI inflows in this
sector.
On April 28, 2018, all un-electrified
inhabited census villages have been
electrified, supported by schemes like
Deen Dayal Upadhyay Gram Jyoti
Yojana (DDUGJY) and Integrated Power
Development Scheme (IPDS).
ADVANTAGE
INDIA
Source: CEA, DIPP (Department of Industrial Policy and Promotion), Aranca Research
Note: FDI - Foreign Direct Investment, TWh - Terawatt-Hour, Crisil Research
7. For updated information, please visit www.ibef.orgPower7
EVOLUTION OF THE INDIAN POWER SECTOR
Source: MNRE, Corporate Catalyst India, IFLR, Aranca Research
Electricity (Supply) Act 1948.
Establishment of semi-
autonomous State Electricity
Boards (SEBs).
Legislative and policy initiatives (1991).
Private sector participation in generation.
Fast-track clearing mechanism of private investment proposals.
Electricity Regulatory Commissions Act (1998) for establishing Central
and State Electricity Regulatory Commissions and rationalisation of
tariffs.
Industrial Policy Resolution (1956).
Generation and distribution of power
under state ownership.
Power losses, subsidies,
infrastructure bottlenecks and
resource constraints.
Electricity Act (2003).
Amendments made in Electricity Act so as to create competition .
Implementation of Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) and
Integrated Power Development Scheme for rural and urban areas respectively.
Implementation of Ujwal DISCOM Assurance Yojana (UDAY) which would enable
electrification to all villages and tracking it using the Grameen Vidyutikaran App.
Amendment in National Tariff Policy (2016) has been made, wherein government
is focusing more on sustainable utilisation of renewable energy resources.
In May 2018, India ranked 4th in the Asia Pacific region out of 25 nations on an
index that measures their overall power.
India’s rank jumped to 24 in 2018 from 137 in 2014 on World Bank’s Ease of
Doing Business - "Getting Electricity" ranking.
Before 1956
Introductory
Stage
1956–1991
Nationalisation
Stage
1991–2003
Liberalisation
Era
2003 onwards
Growth
Era
8. For updated information, please visit www.ibef.orgPower8
INDIA AMONG TOP FOUR POWER GENERATING
NATIONS
6,495.1
4,281.8
1,497.0
1,091.2
1,020.0
693.4
654.2
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
China US India Russia Japan Canada Germany
Note: TWh - Terawatt Hours, data is expected to be updated by July 2019 from BP Statistical Review of World Energy
With a generation of 1,497 TWh, India is the third largest producer
and the third largest consumer of electricity in the world.
Although power generation has grown more than 100-fold since
independence, growth in demand has been even higher due to
accelerating economic activity.
India to become the world's first country to use LEDs for all lighting
needs by 2019, thereby saving Rs 40,000 crore (US$ 6.23 billion) on
an annual basis.
India's energy firms have made significant progress in the global
energy sector, according to the latest S&P Global Platts Top 250
Global Energy Rankings, with 10 out of 14 Indian energy companies
making it to the list and RIL and IOC ranking third and seventh
respectively.
Visakhapatnam port traffic (million tonnes)World’s leading electricity generation in 2017 (TWh)
Source: BP Statistical Review World Energy 2018
9. For updated information, please visit www.ibef.orgPower9
POWER GENERATION HAS GROWN RAPIDLY OVER
THE YEARS
771.6
811.1
876.9
912.1
967.2
1048.7
1107.8
1160.1
1201.5
1142.00
0
200
400
600
800
1,000
1,200
1,400
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19*
Source: BP Statistical Review, Ministry of Power, Aranca Research;
With electricity production of 1,201.543 BU in India in FY18, the
country witnessed growth of around 55.72 per cent over the previous
fiscal year. Electricity production reached 1,142.00, BU in FY19*
Over FY10–FY18, electricity production in India grew at a CAGR of
5.69 per cent.
All un-electrified inhabited census villages have been electrified on
April 28, 2018 ahead of the deadline May 1, 2018.
Visakhapatnam port traffic (million tonnes)Electricity production in India (BU)
@CAGR 5.69%
Notes: BU – Billion Unit, * - between April 2018- February 2019, @ - CAGR till FY18
10. For updated information, please visit www.ibef.orgPower10
SOURCES OF POWER WITH SHARES IN TOTAL
INSTALLED CAPACITY … (1/2)
Wind energy is the largest renewable energy source in India; projects like the Jawaharlal Nehru National
Solar Mission (aims to generate 20,000 MW of solar power by 2022) are creating a positive environment
among investors keen to exploit India’s potential. There are plans to set up four solar power plants of 1GW
each. As of February 2019, India has 75.06 GW of renewable energy capacity. The target is to achieve
installed capacity of 175 GW by FY22.
Renewable
21.43%
As of February 2019, India has 6.78 GW of installed nuclear capacity; with one of the world’s largest reserves
of thorium, India has a huge potential in nuclear energy. By 2022, it is expected to witness total installed
capacity addition of 3.30 GW.
Nuclear
1,94%
Source: Ministry of Coal, NHPC, CEA, BP Statistical Review 2015, Corporate Catalyst India, Indian Power Sector, Ministry of Power, Aranca Research
Notes: GW - Gigawatt
Thermal
India has large reserves of coal. By the end of February 2019, total installed coal
thermal power capacity in India stood at 191.09 GW. By 2022, it is expected to
witness total installed capacity addition of 47.86 GW.
India’s gas thermal power capacity measures about 24.94 GW as of February 2019.
By 2022, it is expected to witness total installed capacity addition of 0.41 GW. Lignite
thermal power capacity measures about 6.26 GW as of February 2019
Coal
Gas & Lignite
India’s diesel thermal power capacity measures about 0.64 GW as of February 2019.Diesel
63.66%
With a large swathe of rivers and water bodies, India has enormous potential for hydropower. As of February
2019, India has 45.40 GW of hydro power generating capacity. By 2022, it is expected to witness total installed
capacity addition of 6.82 GW.
Hydro
12.97%
11. For updated information, please visit www.ibef.orgPower11
SOURCES OF POWER WITH SHARES IN TOTAL
INSTALLED CAPACITY … (2/2)
222.93
75.06
45.40
6.78
0
50
100
150
200
250
Thermal RES Hydro Nuclear
Source: Ministry of Coal, NHPC,Central Electricity Authority (CEA), Corporate Catalyst India, Aranca Research
In FY19*, total thermal installed capacity in the country stood at
222.93 GW, while renewable, hydro and nuclear energy installed
capacity totalled to 75.06 GW, 45.40 GW and 6.78 GW, respectively.
By 2022, India has set a target to achieve total production 175 GW
from renewable resources out of which 100 GW will be produced
from solar power.
As a part of the green corridor project, the power lines would transmit
20 gigawatts of power capacity from 34 solar parks across 21 states.
In August 2018, KfW a German based financial institution signed a
US$ 228.15 million loan agreement with India’s Rural Electrification
Corporation Limited (REC) to provide low interest loans to renewable
energy project developers.
Visakhapatnam port traffic (million tonnes)Installed capacity for different sources of power – FY19* (GW)
Notes: GW – Gigawatt, * - as of February 2019
12. For updated information, please visit www.ibef.orgPower12
GENERATION CAPACITY HAS INCREASED AT A
HEALTHY PACE
132.30
143.10
148.00
159.40
173.60
199.90
223.30
237.70
272.50
280.33
326.84
344.00
350.16
0
50
100
150
200
250
300
350
400
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19*
Source: CEA (Central Electricity Authority), Aranca Research
Note: GW - Gigawatt, * - as of January 2019, ^ - Tentative, @ CAGR till FY18
Installed capacity increased steadily over the years, posting a CAGR
of 9.08 per cent in FY09–18.
Energy generation from conventional sources stood at 91.21 billion
units (BU) as of February^ 2019. Between 2017 and 2022,
conventional sources are expected to witness capacity addition of
58.38 GW. Additional 8.11 billion units (BU) of installed capacity is
set to be achieved by FY19.
Coal-based power installed capacity in India, which currently stands
at 191.09* GW is expected to reach 330-441 GW by 2040. It is
expected to grow at a CAGR of 6.5 per cent during FY18-23.
In FY19*, total installed capacity was 350.16 GW.
Visakhapatnam port traffic (million tonnes)Installed electricity generation capacity (GW)
@CAGR 9.08%
13. For updated information, please visit www.ibef.orgPower13
MAJOR PLAYERS IN THE POWER SECTOR
Source: Company websites, News articles, Industry sources
Company Indian company
NTPC is the largest power producer in India and is also the sixth largest thermal power producer in the world, with
installed capacity* was 53.65 GW as of August 2018, it is building additional installed capacity of 19.75 GW in
India. By 2032, NTPC plans to reach 128,000 MW of power capacity. Coal-based power accounts for more than
84.7 per cent of the total capacity.
It has also diversified into hydro power, coal mining, power equipment manufacturing, oil and gas exploration,
power trading and distribution. As of December 2018, NTPC acquired 720 MW Barauni Thermal Power Station.
Tata Power is India’s largest integrated power company, with significant presence in solar, hydro, wind and
geothermal energy space. The company accounts for 52 per cent of total generation capacity in the private sector.
The company has an installed capacity of 10,757 MW in FY18. By 2022, the company plans to increase the
generating capacity to 18 GW, distribution networks by 4 GW and energy resources by 25 million tonnes per
annum.
The company has more than 35,000 MW of power generation capacity, both operational and under development.
Reliance Power has an operational power generation capacity of close to 6 GW in FY18. Reliance Power will
double the capacity of its Rosa power plant in Uttar Pradesh to 2,400 MW and Butibori power plant in Maharashtra
to 1,200 MW .
CESC Limited is a vertically integrated player engaged in coal mining and generation and distribution of power. As
of FY18, it owns and operates 3 thermal power plants generating 1225 MW of power. These are Budge Budge
Generating Station (750 MW), Southern Generating Station (135 MW) and Titagarh Generating Station (240 MW).
NHPC is the largest hydro power utility in India. In FY18 NHPC executed 20 projects with the capacity of 6.5 GW
and 5 projects with the capacity of 0.089.
It had drawn an extensive plan to add about 6 GW of hydropower capacity by 2022.
Note: * - including its Joint Ventures and Subsidiaries
14. For updated information, please visit www.ibef.orgPower14
MAJOR PLAYERS IN THE POWER SECTOR … (2/2)
Source: Company websites, News articles, Aranca Research
Company Indian company
Power Finance Corporation Limited (PFC) is an NBFC engaged in financing and development activities within the
Indian power sector.
Major products and services include project term loans, lease financing, direct discounting of bills, short-term loans
and consultancy services.
Adani Power is one of India’s largest private thermal power producers, with total capacity at 10.5 GW in 2018; the
company aims to generate 20 GW of power by 2020.
The company is one of the world’s largest single-location thermal power plants in Mundra, Gujarat.
Power Grid Corporation of India Limited (PGCIL) is the single largest transmission utility in India; it is responsible
for planning, co-ordination, supervision and control over inter-state transmission systems.
As of January 2018, inter-regional capacity is 78.05 GW.
Damodar Valley Corporation is engaged in power generation, distribution and transmission of electric power,
irrigation and flood control.
SJVN Limited is the second largest hydro power company in India.
The company plans to diversify into wind power projects soon.
In April 2018, SJVN signed an MoU with the Ministry of Power to achieve 9,200 million units generation during
2018-19.
In FY2018-19, SJVN will have Capital Expenditure (CAPEX) target of Rs 900 crore (US$ 139.64 million) and
turnover target of Rs 2,175 crore (US$ 337.47 million).
Note: NBFC - Non-Banking Financial Company
16. For updated information, please visit www.ibef.orgPower16
STRATEGIES ADOPTED
Source: Aranca Research
Power companies are now looking at securing adequate supplies of fuel by targeting not only domestic but
also overseas resources.
Reliance Power already has coal reserves in Indonesia.
Essar Power have captive coal mines in Indonesia from which it extracts coal for power plants in India.
Government has enabled the power utilities for swapping their coal supplies with the nearest sources so as
to save miscellaneous costs and decongest the rail network.
Acquiring sources of
fuel supply
Companies are using multiple-generation technologies based on a project’s requirement.
Companies such as NTPC and Reliance Power already have coal-fired, gas-fired and hydroelectric
capacity.
This helps them diversify, reduces dependence on a single source.
Diversifying generation
technologies
Most of the companies are now looking to sell their carbon credits to generate additional revenue by
employing supercritical technology.
Additional revenue
streams
Launch of smart grid mission with 14 DISCOMS as a pilot.
Smart metering for high – end users of electricity.
Digital India
Companies are developing captive coal fields to reduce price volatility and ensure uninterrupted supply of
fuel to control generation cost.
Most of the power companies are now located near energy source. This helps minimise costs of fuel
transport.
Control generation costs
18. For updated information, please visit www.ibef.orgPower18
Note: FDI - Foreign Direct Investment, MOU - Minutes of Use per month and per subscriber, M&A - Mergers and Acquisitions
Inviting Resulting
in
Policy support Increasing investments
Relaxed
FDI Norms.
India’s power
sector is forecasted
to attract
investments worth
Rs 9-9.5 trillion
(US$ 128.24-
135.37 billion)
between FY19-23.
PE Investments in
February 2019 were
US$ 350 million.^
Supports
commissioned
power plants to sell
electricity in the
absence of valid
Power Purchase
Agreement (PPA).
Growing demand
Growing demand
Electricity
generation in India
increased to
1,201.543 billion
units in FY18 from
1,155.085 billion
units in FY17.
Electricity
generation recorded
a growth of 4.02 per
cent year-on-year in
FY18.
GROWTH DRIVERS IN POWER SECTOR OF INDIA
Source: PE Roundup – August’18 report by EY, Central Electricity Authority of India, Crisil Research
19. For updated information, please visit www.ibef.orgPower19
INDUSTRIAL EXPANSION AND STRONG GDP
GROWTH DRIVING POWER DEMAND … (1/2)
38% 38%
39%
39%
45%
44%
44% 44%
42%
40%
34%
36%
38%
40%
42%
44%
46%
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17P
Source: Aranca Research, Ministry of Statistics and Program Implementation, CEA
Note: TWh - Terawatt Hours, P – Provisional, data expected to be updated by April 2019 from Energy Statistics Report 2019 by Ministry of Statistics and Programme Implementation
Multiple drivers (industrial expansion, growing per-capita incomes)
are leading to growth in power demand; this is set to continue in the
coming years.
India is set to become a global manufacturing hub with investments
across the value chain.
India’s power demand is expected to rise up to 1,905 TWh by FY22.
Industrial sector had a share of 40 per cent of the total electricity
consumption in FY16-17P.
Visakhapatnam port traffic (million tonnes)Share of electricity consumption in industrial sector
20. For updated information, please visit www.ibef.orgPower20
INDUSTRIAL EXPANSION AND STRONG GDP
GROWTH DRIVING POWER DEMAND … (2/2)
818.70
883.60
914.41
957.00
1,010.00
1,075.00
1,122.00
1,149.00
0
200
400
600
800
1,000
1,200
1,400
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18
Source: CEA, Aranca Research
Note: P : Provisional, data as per latest available figures, BU – Billion Units, FY19 data expected to be updated by September 2019 from Executive Summary report by Central Electricity
Authority
Future investments will benefit from strong demand fundamentals,
policy support and increasing government focus on infrastructure.
Per capita electricity consumption in the country grew at a CAGR of
4.96 per cent, during FY11-FY18, reaching 1,149 KWh in FY18.
Visakhapatnam port traffic (million tonnes)Per-capita electricity consumption (KWh)
CAGR 4.96%
21. For updated information, please visit www.ibef.orgPower21
POLICY SUPPORT AND INITIATIVES…(1/4)
Launch of the UMPP scheme through tariff-based competitive bidding.
Ease of land possession, provision of fuel, water and necessary clearances for enhancing investor confidence.
Ultra Mega Power
Projects (UMPPs)
R-APDRP was launched by Ministry of Power with the purpose of reducing AT&T losses up to 15 per cent by
upgradation of transmission and distribution network.
Linking disbursement of central government funds (to states), with actual reduction in transmission and
distribution losses. Sanctioned projects of more than US$ 5.8 billion.
R-APDRP
Source: Ministry of Power
Notes: R-APDRP - Restructured Accelerated Power Development and Reform Programme , AT&T - American Telephone and Telegraph Systems
The Pradhan Mantri Sahaj Bijli Har Ghar Yojana-“Saubhagya”, launched by the Government of India with the
aim of achieving universal household electrification by March 2019. By 2018, a total of 25 states have
achieved 100 per cent household electrification which included 23.1 million rural and 844,670 urban
households.
Under the Union Budget 2018-19, the Government of India has allocated Rs 16,000 crore (US$2.47 billion)
towards this scheme.
Saubhagya Scheme
Over 317.7 million LED bulbs were distributed to consumers in India by Energy Efficiency Services Limited
(EESL) under Unnati Jyoti by Affordable LEDs for All (UJALA) as on December 19, 2017 and 524.3 million
LED bulbs were sold by private players till October 2017.
UJALA Scheme
• In May 2018, the Government of India approved National Policy on Biofuels – 2018.
The expected benefits of this policy are health benefits, cleaner environment, employment generation,
reduced import dependency, boost to infrastructural investment in rural areas.
National Policy on Biofuels
- 2018
22. For updated information, please visit www.ibef.orgPower22
POLICY SUPPORT AND INITIATIVES…(2/3)
Replacing nationwide street lights with LED lights.
Plan to save 10 per cent energy that would light up 11 crore lives.
Replacing 1 crore bulbs in Delhi within one year.
Energy Conservation
Campaign
The Union Budget 2018-19 has allocated Rs 4,066crore (US$ 563.55 million) towards the Deen Dayal
Upadhyay Gram Jyoti Yojana (DDUGJY) and Rs 5,280 crores (731.81 million) towards the Integrated Power
Development Scheme (IPDS).
Power to the people
It was launched by the Government of India to encourage operational and financial turnaround of State-owned
Power Distribution Companies (DISCOMS), with an aim to reduce Aggregate Technical & Commercial (AT&C)
losses to 15 per cent by FY19.
The Government of India has signed four Memorandum of Understanding (MoU) with the state of Nagaland
and Union Territories (UTs) of Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu under the
Ujwal DISCOM Assurance Yojana (UDAY) to improve operational efficiency of electricity departments in these
places.
Ujwal Discoms Assurance
Yojana (UDAY)
Source: Ministry of Power, News articles
To create potential for domestic manufacturers and developers, Government of India will auction 40 GW of
renewable energy projects including 30 GW solar and 10 GW wind every year till 2028.
Boost to manufacturing
As of September 2018, the Government of India launched a voluntary based programme to promote energy
efficient chiller systems in India. It labels the energy performance by providing star ratings and will be effective
up to December 31, 2020.
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.
Other Initiatives
23. For updated information, please visit www.ibef.orgPower23
POLICY SUPPORT AND INITIATIVES…(3/3)
The Union and state governments have agreed to implement the Direct Benefit Transfer (DBT) scheme in the
electricity sector for better targeting of subsidies.
All the states and union territories of India are on board to fulfil the Government of India's vision of ensuring
24x7 affordable and quality power for all by March 2019, as per the Ministry of Power and New & Renewable
Energy, Government of India.
Vision ‘24x7’ Power for All’
Source: Ministry of Power, News articles
The Ministry of Environment, Forest and Climate Change, Government of India has clarified that solar PV
(photovoltaic) power, solar thermal power projects, and solar parks will not require the environment clearance
which was mandatory under the provisions of Environment Impact Assessment (EIA) notification, 2006.
No environment clearance
required for solar projects
Under the Union Budget 2018-19, the Government of India has allocated Rs 4,200 crore (US$ 648.75 billion)
to increase capacity of Green Energy Corridor Project along with other wind and solar power projects.
Green Energy Corridor
Project
Feed – in Tariff, scheme used for promoting generation of electricity from renewable energy sources. It allows
Power Producers to sell renewable energy generated electricity to an off – taker at a pre – determined tariff for
a given period of time.
As of August 2018,the Ministry of New and Renewable Energy set solar power tariff caps at Rs 2.50 (US$
0.04) and Rs 2.68 (US$ 0.04) unit for developers using domestic, and imported solar cells and modules,
respectively.
Direct Benefit Transfer
(DBT) Scheme
Tariff
The Union Government of India is preparing a 'rent a roof' policy for supporting its target of generating 40
gigawatts (GW) of power through solar rooftop projects by 2022.
Rent a roof policy
24. For updated information, please visit www.ibef.orgPower24
INCREASING INVESTMENTS: FDI INFLOWS AND KEY
DEALS … (1/2)
Source: DIPP, Aranca Research
Power is one of the key sectors attracting FDI inflows into India.
From April 2000 to December 2018, India recorded FDI of US$ 7.60
billion in non-conventional energy sector. New and renewable energy
sector witnessed maximum power generation capacity addition,
since 2000.
Power sector accounted for 3.48 per cent of total inflows till
December 2018.
Cumulative FDI inflows in the power sector in April 2000–December
2018 were US$ 14.22 billion.
Visakhapatnam port traffic (million tonnes)FDI inflows into the power sector (US$ billion)
1.40
0.53
1.07
0.66
0.92
1.11
1.62
1.01
5.90
14.22
2
4
6
8
10
12
14
FY01-11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19*
FY01-19*
Note: *- till December 2018
25. For updated information, please visit www.ibef.orgPower25
INCREASING INVESTMENTS: FDI INFLOWS AND KEY
DEALS … (3/3)
Important deals
Acquirer Target Date Value (US$ mn)
Power Finance Corporation (PFC) Ltd
Rural Electrification Corporation (REC)
Ltd
December 2018
52.63 per cent of
holding
Renascent Power Ventures Pte Ltd
Prayagraj Power Generation Company
Limited (PPGCL)
November 2018
854.94 (75.01 per cent
stake)
Kohlberg Kravis Roberts & Co (KKR)
Ramky Enviro Engineers
Limited
August 2018 530
ReNew Power Ostro Energy April 2018 1,668.21
Canada Pension Plan Investment Board (CPPIB) ReNEW Power Ventures Ltd January 2018 144 (6.3 per cent stake)
ReNew Power
Wind power assets of KC Thapar
Group
21 November 2017 155.55
Adani Transmission Limited
Reliance Infrastructure Limited
(Mumbai)
October 2017 2,932
India Power Corp. Ltd Meenakshi Energy Pvt Ltd 16 November 2016 -
Greenko Energy Holdings (GEH) SunEdison 4 October 2016 392
Tata Power Welspun Energy 14 June 2016 1,528
Suzlon Energy
Gale Solarfarms Pvt. Ltd, Tornado
Solarfarms Pvt. Ltd, Abha Solarfarms
Pvt. Ltd, Aalok Solarfarms Pvt. Ltd and
Shreyas Solarfarms Pvt. Ltd.
21 April 2016 -
GIC Greenko Group plc August 2015 255
EIG Global Energy Partners Greenko Group October 2014 125
Source: Thomson One Banker, Industry News, VC Circle, Aranca Research
Note: FDI - Foreign Direct Investment, PE - Private Equity, Thomson One Banker
27. For updated information, please visit www.ibef.orgPower27
POWER GENERATION: OVERALL FUNDAMENTALS
WILL REMAIN STRONG
690.59
1,174.07
1,348.40
1,894.70
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2007 2015 2017 2022
Source: International Energy Agency (IEA), CEA, Demand estimates based on IEA forecasts, Aranca Research
Notes: TWh - Terawatt Hour
Demand for electricity is expected to increase at a CAGR of 7 per
cent to 1,894.7 TWh over FY07–22.
Current production levels are not enough to meet demand; annual
demand outstrips supply by about 7.5 per cent.
All India per capita consumption of electricity estmated 1,894.70
TWh by FY22.
Various reforms being undertaken by the government are positively
impacting India's power sector. In wake of the surging domestic coal
production, the country’s power sector is becoming increasingly
stable.
Non-coking coal consumption is forecasted to grow at a CAGR of 5.4
per cent to reach 1,076 MT in FY23 from 826 MT in FY18 and
domestic supply is forecasted to reach 931 MT in FY23 from 664 MT
in FY19, at a CAGR of 7 per cent.
Visakhapatnam port traffic (million tonnes)Electricity demand forecast (TWh)
CAGR 7.00%
28. For updated information, please visit www.ibef.orgPower28
INDIAN POWER SECTOR: MARKET WITH ENORMOUS
GROWTH POTENTIAL
108.87
109.81
119.17
122.29
130.25
135.45
131.95
148.17
144.08
151.82
158.52
162.24
90.79
96.79
104.01
110.26
115.85
123.29
126.79
141.16
141.59
151.09
156.72
161.42
16.6
11.9
12.7
9.8
11.1
9.0
3.9 4.7
1.6
0.5
1.1
0.5
0
2
4
6
8
10
12
14
16
18
0
20
40
60
80
100
120
140
160
180
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19P*
Peak Demand Peak Met Deficit %
Source: NTPC presentation, CEA, Aranca Research
Note: GW - Gigawatt , * - as of February 2019, P – Provisional
India is forecasted to be a power surplus country by FY19 with peak
power surplus at 2.5 per cent.
The peak power demand in the country stood at 162.24 GW as of
February 2019 (P).
Visakhapatnam port traffic (million tonnes)Power Supply Position (GW)
29. For updated information, please visit www.ibef.orgPower29
RENEWABLE ENERGY IS FAST EMERGING AS A
MAJOR SOURCE OF POWER
313
100
81 80
48 48
444
0
50
100
150
200
250
300
350
400
450
500
China Brazil Canada United
States
Russia India Rest of
world
Source: Renewables 2018 Global Status Report (REN21), CEA
Notes: GW – Gigawatt , Figures mentioned in the graph is as per latest data available, * - as of December 2018, SEIC – Solar Energy Corporation of India, data is expected to be updated
by June 2019 from Renewables 2019 Global Status Report by Renewable Energy Policy Network
Wind energy is the largest source of renewable energy in India and India
ranks 4 globally; it accounts for 47.44 per cent (35.14 GW)* of total installed
renewable capacity (74.08 GW)*. There are plans to double wind power
generation capacity to 60 GW by 2022.
The Ministry of New and Renewable Energy (MNRE) has proposed wind
power capacity addition of 10 GW each to be awarded in FY19 and FY20.
As of August 2018, The Ministry of New and Renewable Energy
commissioned India’s first inter state transmission system (ISTS) auction
with wind power capacity of 126 MW.
Solar Power is the second largest source of renewable energy and ranks 6
globally; it accounts for 34.03 per cent (25.21 GW)* of total installed capacity
in renewable energy. The government has set a target of achieving 100 GW
by 2022.
The Government of India and Ministry of Power aims to achieve 175 GW
and 225 GW, respectively of installed renewable energy capacity by 2022.
Visakhapatnam port traffic (million tonnes)Hydro power generation capacity at the end of 2017 (GW)
30. For updated information, please visit www.ibef.orgPower30
STRONG UPWARD MOMENTUM IN NUCLEAR ENERGY
LIKELY IN MEDIUM TO LONG TERM
6.78
20
0
5
10
15
20
25
2018* 2020E
Source: Ministry of New and Renewable Energy, Business Monitor International, CEA, Aranca Research
Note: GW – Gigawatt, E – Estimates, *as of February 2019
Currently, the country has net installed capacity of 6.78 GW as of
February 2019, using nuclear fuels, across 20 reactors. Of the 20
reactors, 18 are Pressurised Heavy Water Reactors (PHWR) and 2
are Boiling Water Reactors (BWR).
The government aims to quadruple India’s nuclear power generation
capacity to 20 GW by 2020.
Nuclear Power Corporation of India Limited (NPCIL) plans to
construct 5 nuclear energy parks with a capacity of 10,000 MW.
The Government of India will set up 21 new nuclear power reactors
with a total installed capacity of 15,700 megawatt (MW) by 2031.
Visakhapatnam port traffic (million tonnes)Nuclear energy installed capacity in India (GW)
32. For updated information, please visit www.ibef.orgPower32
INDUSTRY ASSOCIATIONS
Address: A-2/158, Janakpuri, New Delhi-110058, India
Tel: 91 11 25618472, 45652708
Fax: 25611622
E-mail: cvjvarma@gmail.com, cvjv1933@yahoo.com
Web site: www.indiapower.org
Council of Power Utilities
Address: Flat no 6, Green Park Apartment, Shriram Society, Warje,
Pune - 411058, Maharashtra, India
Tel: 91 20 25233338
E-mail: hypaindia@gmail.com, president@hpaindia.org,
secretary@hpaindia.org
Website: http://hpaindia.org/
Hydro Power Association (India)
Address: Ministry of Power, 4th Floor, SEWA Bhawan, R. K. Puram,
New Delhi – 110066, India
Tel: 91 11 26179699
Fax: 91 11 26178352
E-mail: webmanager-bee@nic.in
Website: http://www.beeindia.in/
Bureau of Energy Efficiency (BEE)
Address: PHD House, 3rd Floor, Opp. Asian Games Village, August
Kranti Marg, New Delhi-110016, India
Tel: 91 11 26523042
E-mail: manish@inwea.org
Web site: http://www.inwea.org/
Indian Wind Energy Association (INWEA)
34. For updated information, please visit www.ibef.orgPower34
GLOSSARY
CAGR: Compound Annual Growth Rate
FDI: Foreign Direct Investment
FY: Indian Financial Year (April to March)
• So FY10 implies April 2009 to March 2010
GW: Gigawatt
MandA: Merger and Acquisition
MW: Megawatt
NBFC: Non-Banking Financial Company
PE: Private Equity
PLF: Plant Load Factor
Rand D: Research and Development
R-APDRP: Restructured Accelerated Power Development and Reform Programme
TandD: Transmission and Distribution
TWh: Terawatt-Hour
RGGVY: Rajiv Gandhi Grameen Vidyutikaran Yojana
US$ : US Dollar
Wherever applicable, numbers have been rounded off to the nearest whole number
35. For updated information, please visit www.ibef.orgPower35
EXCHANGE RATES
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Year INR Equivalent of one US$
2004–05 44.95
2005–06 44.28
2006–07 45.29
2007–08 40.24
2008–09 45.91
2009–10 47.42
2010–11 45.58
2011–12 47.95
2012–13 54.45
2013–14 60.50
2014-15 61.15
2015-16 65.46
2016-17 67.09
2017-18 64.45
Q1 2018-19 67.04
Q2 2018-19 70.18
Q3 2018-19 72.15
Year INR Equivalent of one US$
2005 44.11
2006 45.33
2007 41.29
2008 43.42
2009 48.35
2010 45.74
2011 46.67
2012 53.49
2013 58.63
2014 61.03
2015 64.15
2016 67.21
2017 65.12
2018 68.36
Source: Reserve Bank of India, Average for the year
36. For updated information, please visit www.ibef.orgPower36
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