2014-04-24 20:31:01 - Analyzing the Hydropower Industry in India - a new market research report on companiesandmarkets.com
Hydropower market in India has a great potential and the country is ranked seventh in the world in terms of hydropower installed capacity. The Indus, Brahmaputra and Ganga river systems combined account for around 80% of the total hydropower potential in India.
Hydropower continues to play an important role in the renewable power market in the country. In view of government support for hydropower development and with the major part of potential capacity yet to be harnessed, the hydropower market scenario in India looks promising.
Capital subsidies, generation based incentives, additional revenues through RECs, and private sector participation are the major drivers for hydropower development in India. The challenge that India faces is to balance democratic dialogue, which require delays and compromise,
with the need to fulfill urgent economic imperatives.
NHPC Limited, AP Power Generation Corporation Limited and Bhakra Beas Management Board are the top players in industry.
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