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Solar power Sector in India: a snapshot

  • January 2015
  • -
  • Madras Consultancy Group
  • -
  • 9 pages

Solar power in India has gained momentum in past five years due to the depleting fossil fuel reserves, as well as increasing demand for alternative energy sources. Currently, renewable energy sources account for 12% of the installed power capacity, of which solar power is only around 1%. States such as Rajasthan, Gujarat, Tamil Nadu and Maharashtra have the potential to step up the overall solar power capacity in India. Various policies, initiatives and subsidies have been introduced by the government to increase contribution of solar power.

This note on solar power sector has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, major players, recent developments and key drivers of the Indian titanium dioxide industry.

This report can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the Indian Solar power sector. Senior managers, can also use this report for making presentations to internal audiences, customers, collaborators and channel partners.

Table Of Contents

Solar power Sector in India: a snapshot
A. Introduction
B. Market Structure
C. Current Status
D. Policies, Regulations and Initiatives:
D.1 National Solar Mission (2010)
D.2 Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC)
D.3 State Level Policies
D.3.1 Gujarat Solar Policy (2009)
D.3.2 Rajasthan State Solar Policy (2011)
D.3.3 Madhya Pradesh Solar Policy (2012)
D.3.4 Andhra Pradesh Solar Power Policy (2012)
E. Key Players in the Solar power Sector
F: Recent Developments

List of Figures

Figure1: All India Electricity Generation by Energy Source, 2013-14
Figure 2: Electricity Generation by Renewable Energy Sources, 2013-14
Figure 3: Structure of the Solar Power sector in India
Figure 4: State-wise Total installed solar capacity, 2014

List of Tables:

Table 1: Total installed solar power capacity 2011-14, MW
Table 2: Off-Grid Solar Power system installations (2012-2013) Nos.
Table 3: JNNSM Phase-wise Targets and Objectives
Table 4: Solar Power: Top installations by capacity, 2013, MW

Companies Mentioned

Adani Enterprises Ltd., Ganges Entertainment Private Ltd., Alex Astral Power Private Limited, GMR Gujarat Solar Power Company, SEI Solar Power Gujarat Pvt. Ltd, Tata Power Company Ltd, Hirako Renewable Energy Pvt Ltd, Azure Solar Pvt Ltd., Solar Field Energy Pvt. Ltd, PLG Photovoltaic, Welspun Solar AP Pvt Ltd., Mahindra Suryapraksh Pvt Ltd., TATA Power Solar Systems Ltd, Mahindra Group, SunEdison

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