Indian Economy My View

The Indian Power Sector

The Indian Power sector includes – coal, lignite, natural gas, oil, hydro and nuclear power to other viable non-conventional sources such as wind, solar, agriculture and domestic waste.
Currently, if we have a look at the Indian Power sector, the country is facing a deficit of 8.7% in 2012-13 and the peak power deficit was 9% indicating a huge gap between demand and supply of electricity due to the shortage of coal, problems regarding power plants and inefficient use of resources.
We believe that Indian power sector can be improvised if the government allows privatization in the coal mining, production processes and the coal plants are facing shortage of coal so if the government take measures to make the supply flow smooth then there will be increase in the production of electricity. Hence if the new government works on these issues and allows more share of private then there will be fast developments seen and the power sector will boom in the coming years by FY 2020. So we believe that it is the right time to invest in this sector.

Leave a Reply

Your email address will not be published. Required fields are marked *