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This report provides an in-depth analysis of the captive power generation market in India, including market size, growth potential, and key trends. It also covers the segmentation of the market, highlighting the opportunities and challenges faced by industry players. The report is a valuable resource for businesses looking to gain a competitive edge in the Indian market.
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Captive Power Generation Market in India 2014-2018 One-Stop Shop for Business Information
Summary Captive Power refers to generation from a unit set up by industry majorly for its own consumption. According to the exact definition as per Electricity Act 2003, it is a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up by any cooperative society or association of persons for generating electricity primarily for use of members of such cooperative society or association. Captive Power Generations have been growing at a fairly aggressive pace in India. Industrial sector is one of the largest consumers of electrical energy in India. It consumes about 45.9 percent of total electricity consumption in the country.
The demand for electricity in India has been continuously growing with time. Thus, to sustain and excel in the dynamic global environment, it has become imperative for the industries to ensure uninterrupted power supply for performance optimization which has subsequently led to the growth in Captive Power Generations in India. TechNavio's analysts forecast the Captive Power Generation market in India to grow at a CAGR of 4.5 percent over the period 2013-2018.Covered in this Report The report covers the segmentation of Captive Power Generation market in India as described below: :
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