Indian renewables - The state of play
Monday, January 16, 2012
| Posted by: Grant Thornton
Categories:
India,
India Watch Issue 15
| Tags: energy,
renewable energy,
india,
private equity,
capital,
fuel,
valuations,
renewable independent power producers,
coal,
power,
IPPS,
electricity,
indian renewables,
renewable companies
Power in India is a commodity in demand – mainly sourced by coal. India has the third-largest hard coal reserve in the world, however, the quality is relatively poor due to its low sulphur and high ash content. Additionally, supply is constrained to a small number of inefficient state-owned companies and India’s Ministry of Coal estimates that the demand will increase significantly in 2012. All these factors are attracting domestic and international private investment to the renewables sector.
