Powering ahead full steam
Indian electrical equipment industry, broadly classified as generation equipment and transmission and distribution (T&D) equipment, manufactures products ranging from high- technology equipment to low-technology electrical components.
Sprinting on a Growth Track
The World Bank recently has put out a report in which the demand for electricity in India is growing at the same rate as in France or Germany as millions of people in rural or impoverished areas seek access to power in their homes and workplaces.
Warming Up to the Idea
Besides being a zero carbon emitting source of energy, costs of geothermal has significantly reduced over the years, making it an available option for India - one that the government too is contemplating.
Expansion for rural use will be a key driver
The development in the introduced limit in India is driven by monetary impetuses given by the administration. These are required to drive the Indian utility-scale PV development from 35 MW in 2010 to a combined limit of 627.2 MW by 2015.
Storing the Sun
With increase in share of renewables in the distribution system, it has become indispensable to incorporate large scale integration of energy storage, which gives flexibility to quickly ramp up supply in case the need arises.
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