The Indian electricity generating market is still hugely carbon dependent and the country is still building coal fired generation whilst seeking to introduce renewables at a dramatic rate. Generation from coal, gas and diesel comprises 183GW (61%) of total power output; with hydro (41GW) and nuclear (6GW) making up a further 16%.
With near double digit annual economic growth, the demand for electricity is expected to double by 2030. Current installed capacity stands at around 265GW.
The electricity Act 2003 opened the power sector to private investment in generating capacity and a Ministry of New and Renewable Energy (MNRE) has overseen a rapid growth in wind and solar capacity now amounting to approximately 10% of capacity.
* Feature image: courtesy of Gujarat Tourism