RENEWABLE

ENERGY:
OPPORTUNITIES &
CHALLENGES
Renewable Energy-Why we need it ?

Sustainability
Global Carbon
of Energy
Warming Credits
Demand
 Power Scenario in India
 Country’s power generation capacity -160,000 MW
 Total capacity from renewable sources is expected to reach 24,000 MW

 India is world’s 5th largest consumer of energy

Renewable Energy
Capacities in India  India facing large supply demand mismatches

Wind
Key Drivers for renewable energies in India
Hydro
Bio-Power  Ample number of sites for solar, hydro & wind
Solar power plants

 Government Incentives through MNRE

 Increasing Sources of Finance

India-An Attractive Renewable Energy Market

 Indian Subcontinent has a large potential for power

generation
 Govt. of India has planned a target for 10000 MW
renewable energy by 2012
 Large number of sites available
 India ranked among most
attractive countries worldwide
based on regulatory environment
&feasibility for renewable energy
generation
Indian Solar Power Sector Overview
Large Potential Exists..
 Among top 5 destinations worldwide for Solar Energy development
 Daytime production peak coincides with peak electricity demand making
solar ideal supplement to grid

Diversified Applications..
 Solar Thermal Energy
 Solar Photovaltic – Thin Film
 Solar Appliances

Though Limited growth till now..

 High Capital Costs of solar power plants and generation cost has restricted
its growth
Opportunities for Manufacturers & Users of Solar
Energy

Encouraged by government

Capital Subsidies

Accelerated Depreciation

Low Import Duty

Soft Loans
Indian Wind Energy Sector Overview

Current Scenario
 4th largest producer in the world with a capacity of 7 GW
 Capacity growth now touching 40% y-o-y
 Tamil Nadu, Maharashtra & Karnataka are the leaders in wind
capacity

Key Issues
 Short construction period
 Some Regulatory/institutional hurdles
exist
Wind Energies-Opportunities

Generation based Incentives

Creating green jobs

Relatively Low cost of production

India’s Long Coastline

Capital Infusion by government

Indian Hydro Power Sector
Large Potential Exists..
 India ranks 8th in terms of hydro-electricity generated, thus
making it one of the largest producers of hydropower.

Attractive on various counts..

 Proven Technology
 Low O&M costs
 Equipments have longer lifetime
 High energy conversion efficiency (around 70%)
Challenges in Renewable Energy Development

Optimal Pricing

Quality & Consistency

Cost of technology

Financing

Rural Electrification
Future Growth Drivers
 Demand Supply Gap

 Natural Resource Scarcity

 Large renewable energy potential

 Availability of New forms of capital

 Fiscal incentives Provided by government

 Increasing state level initiatives

 SBI Initiative
 State Bank of India has set up wind farm project for 15
MW

 SBI will be eligible now to get carbon credit also due to

its clean energy initiative

 First corporate social initiative

 New trend in terms of clean energy projects in India

British Petroleum
BP Initiative..
 Needed transformation as gas will be the transitional fuel for
several decades
 Develop sustainable business propositions in the area of renewable
 BP’s solar programme focuses on the manufacture and marketing
of photovoltaic cells
 Have initiated projects in developing countries such as the
Philippines and India

Business Impact..
 Operational cost reductions from improved energy efficiency
 Innovation and new product development 
 Better reputation
 Business Transformation
THANK YOU ..
Trupti Mota (136)
Shriya Phadte (140)
Vrinda Sinhal (157)
Raghvendra Aggarwal (107)
Shobhit Arora (113)
Rajat Jain (121)
Jigar Kabra (128)
Shray Jindal (127)