Published on : Aug 24, 2016
ALBANY, New York, August 24, 2016: ResearchMoz.us has added a new report on the wind power market in India to its wide repository of reports. The report studies the current scenario of the wind power market in India and its future growth opportunities. The report also provides data on conventional thermal, large hydro, renewable energy, and nuclear energy sources. A detailed study on renewable power including wind, biopower, solar PV, and small hydro is done by the analysts in the report. Analysis of wind power generation and installed capacity is also done in the report.
The report, titled ‘Wind Power in India, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles,’ highlights the changing trends in the wind power generation sector in India. The regulatory framework governing the wind power market in India is also highlighted by the analysts in the research report.
The research briefs readers about the factors supporting and hampering the growth of the wind power market in India. The wind power market in India is currently facing various challenges. In recent years, the increased focus on the generation of solar power has hampered the growth of the wind power sector. The country is planning to add solar capacity and is also concentrating on attracting interest from many international renewable energy firms, sovereign wealth funds, and pension funds. The focus on generating solar power is increasing in many developed regions. The increased focus on solar energy is expected to hamper the growth of the wind power, predict the analysts. The withdrawal of some of the tax benefits for wind energy is also expected to impact the new investments in wind energy.
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For a detailed competitive analysis, key companies operating in various geographical locations are studied in the report in detail. Wind power generation deals in India are analyzed by considering various factors such as asset finance, private equity, venture capitalists, and debt offerings. Mergers, partnerships, and acquisitions are also expected to contribute towards the growth of the wind power in India market. Several key companies operating in the wind power market in India are expected to acquire startup companies to maintain their dominance throughout the forecast period.
Some of the key companies operating in the wind power in India market are The Tata Power Company Limited, Oil and Natural Gas Corporation Limited, NSL Power Limited, MSPL Limited, Hindustan Zinc Limited, Gujarat State Petronet Limited, Gujarat State Petroleum Corporation Ltd., Greenko Group PLC, and Green Infra Limited.
The report further states that advancements in the technology are expected to assist key companies in generating more wind power across many locations in India. Government support to the adoption and development of new technologies is expected to propel the market for wind power in India. As per the research, various programs have been planned by the Indian government to support wind power generation.
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