Lucintel's Market Study Outlines Fourfold Increase For Indian Energy Sector By 2020
Lucintel's new market study, "Indian Energy Sector: Macro-Economic & Risk Analysis-Risk, Potentialities and Opportunities", analyzes and identifies India's energy sector and outlines its areas of opportunity in the coming decade.
- Dallas, TX (1888PressRelease) January 06, 2011 - Consumption of energy in India has grown steadily over the past decades, with the exception of the last two years of economic slowdown. Per capita energy consumption in India is still very low in comparison to the United States or China. If India's gross domestic product grows at 9% per annum, the per capita energy consumption is likely to grow at a higher rate. Looking at the sources of energy the country has, coal is expected to be in the dominant position, followed by oil and natural gas.
Lucintel's new market study, "Indian Energy Sector: Macro-Economic & Risk Analysis-Risk, Potentialities and Opportunities", analyzes and identifies India's energy sector and outlines its areas of opportunity in the coming decade.
India's coal production is expected to grow at a CAGR of 4% from 2009 to 2020. The natural gas sector has gained increased importance in India, especially over the last decade. The share of natural gas in the energy mix for India is expected to be around 25% by 2025. The oil segment is also a major contributor of the primary energy mix. India already imports over 75% of its crude oil requirements.
The Indian government's 2006 Integrated Energy Policy emphasizes the development of renewable energy sources such as nuclear, wind, and solar. The Indian government recently permitted 100% of foreign equity in the coal segment.
Energy consumption from all sources is expected to increase significantly in the coming years. According to Lucintel's analysis, the Indian energy sector is likely to grow fourfold by 2020. The Working Group on Power for 11th Plan (2007-12) estimated an estimated $170 billion total investment in the Indian electricity sector.
Lucintel's research report provides a detailed analysis of the Indian energy sector, including its background and characteristics, energy market analysis by segments, energy market trends (2004-2009) and forecast (2010-2015), growth opportunities, and more, and offers insights into current and future opportunities.
For a detailed table of contents and pricing information on this timely and insightful report, please contact Lucintel at 972-636-5056 or via email at helpdesk ( @ ) lucintel dot com dot This market report is published by Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide dot To find out more, please visit www dot lucintel dot com dot
Contact: Roy Almaguer, +1-972-636-5056 or via email at helpdesk ( @ ) lucintel dot com.
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam