International and Emerging Markets Blog
Wednesday, July 11, 2012
| Posted by: Grant Thornton
Categories:
India,
India Watch Issue 17
| Tags: india,
Growth,
India's GDP,
Power Shortages,
power stations,
India's Legislation,
Coal deficit,
Coal,
electricity prices,
coal prices,
Coal supplies,
coal access,
Power,
Renewable energy
Despite threats to India’s GDP growth, power demand in India remains resilient. Against this, a significant barrier to entry has arisen: access to coal. This will slow supply of new capacity, maintain a power deficit and put upward pressure on prices, despite the threat of lower growth. Companies that have secured access to coal, or those that are not dependant on it, are now in a strong position to benefit from better pricing and continued growth opportunities for new projects.
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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.
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| Posted by: Grant Thornton
Categories:
India,
India Watch Issue 15
| Tags: deals,
inflation,
acquisitions,
sectors,
mergers and acquisitions,
india,
private equity,
trends,
e-commerce,
inbound,
foreign direct investment,
deal 2011,
outbound,
private equity 2011,
mergers and acquisitions 2011,
inflation rates,
public markets
Amidst the ongoing global economic woes, rising domestic inflation and interest rates, the weakening rupee and a volatile Sensex, 2011 has contributed to robust Indian deal numbers. Mergers & Acquisitions (M&A) and Private Equity (PE) in India clocked up 961 deals with a total value of to US$51 billion in 2011 compared to 971 deals amounting to US$62 billion in 2010.
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