2014-02-07 18:39:01 - India Power Report Q1 2014 - a new market research report on companiesandmarkets.com
We have maintained our forecasts for the Indian electricity sector this quarter as our assumptions remain relevant. We highlight that certain key themes - namely continued weakness in the economy, further coal shortages, and poor regulatory frameworks - are likely to remain prevalent even in the long-term. From a long-term perspective, we expect thermal energy to maintain its position as the backbone of the Indian power sector, but believe it unlikely that the Indian government will meet its electricity capacity and generation targets.
We have maintained our 2014 forecasts for electricity generation and consumption in India as our shortterm assumptions remain relevant. We had revised down our forecasts in our previous analysis of the sector - due to challenges in the
power sector that resulted in major power shortages, as well as our more cautious outlook for the Indian economy - and find that the situation remains largely unchanged.
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