Indian Power Sector Needs $250 Billion Investments: CII - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
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India’s power sector will require about $250 billion investments over the next eight-nine years if it wants to grow at a moderate 7.5-8 percent compound annual rate, according to a CII report.

‘The power markets will have to achieve consistent high growth rates to bring our per capita consumption to comparable levels of some of the other developing countries like China and Brazil,’ said the report, jointly prepared by the Confederation of Indian Industry and consulting firm AT Kearney.

The report, however, is upbeat about the prospects of the power sector.

‘A new era of ‘Power on Power’ competition will emerge by 2014 that will bring in at least 80-85 GW of new capacity,’ said Kaustav Mukherjee, a partner at AT Kearney.

According to the report, there will be increased interest in generating electricity through gas, hydro and nuclear energy, but coal would continue to be the dominant fuel used in generation. Renewable sources of energy will also start contributing more towards power generation, it added.


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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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