Ravi Kailas

The renewable power sector in India is growing rapidly and presents a chance for strong financial returns. Mytrah Energy Limited shows up inside london which is one of many largest alternative energy producers in India today. We have been thrilled to present this paper, designed in partnership with PwC India, which is the Indian renewables sector and highlights some of the differences between it and the, perhaps higher quality, markets in Europe.

Having built a 560 MW operating portfolio over the past five-years, Mytrah is benefitting from a few of the key differences highlighted in this paper:
1. India stands of power, thereby, new renewable capacity produces electricity to have an undersupplied market.
2. Renewable capacity is quicker to advertise than alternatives such as coal-fired power.
3. Renewable electricity price is just like that relating to electricity business sources.

In contrast to Europe, where renewables have generally displaced existing generation capacity and required heavy subsidies, India benefits from truly market-led renewable power demand, without significant subsidy. Strong support in the Government asia reinforces the market fundamentals, developing a dynamic market which can be growing rapidly. India already has 35 GW of renewable energy capacity and intends to grow this 500% within the next six years.

What he based in the sector was surprising. India’s wind energy potential is around 80,000 MW; 15,000 MW is attached to the floor. But there was clearly not really a single large IPP [independent power producer] in the business. “Countries like Spain have several listed wind entities, in India it is near to nil. Compare this to around 20 listed thermal companies. As well as in another A decade, wind just as one industry create something similar to 50,000 MW. That’s a mainstream number,” says Kailas.

In our view, India is regarded as the exciting power market on the globe, designed for renewables. With 400 MW in construction today as well as a pipeline exceeding 3,500 MW, we at Mytrah Energy Limited will continue to play an important role from the increase of renewable capacity. Hopefully that you will find this paper to become useful and informative resource and you will be very happy to embark on further discussion.

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