Indian Power Sector

Content

• Executive Summary
• Highlights of the Industry
• 1. Overview of Power Industry in India
  • 1.1 Introduction
  • 1.2 Generation
    • 1.2.1 Segment Wise Generation
    • 1.2.2 Sector wise Contribution
  • 1.3 Transmission
  • 1.4 Distribution
  • 1.5 Consumption
    • 1.5.1 Consuming sectors
    • 1.5.2 Sector wise Consumption
    • 1.5.3 Trend in consumption in different sectors
    • 1.5.4 Per Capita consumption
• 2. Segments in Power Generation
  • 2.1 Thermal
    • 2.1.1 Overview of current status
    • 2.1.2 Technology
    • 2.1.3 Profile of major projects
      • 2.1.3.1 In recent past
      • 2.1.3.2 Projects Under execution
      • 2.1.3.3 Future plans (insert projects planned in XIth Plan)
    • 2.1.4 Investment Opportunities
    • 2.1.5 Future Outlook
  • 2.2 Hydro
    • 2.2.1 Overview of current status
    • 2.2.2 Profile of major projects
      • 2.2.2.1 In recent past
      • 2.2.2.2 Projects currently being executed
    • 2.2.3 Investment Opportunities
    • 2.2.4 Future Outlook
  • 2.3 Nuclear
    • 2.3.1 Overview of current status
    • 2.3.2 Nuclear Power Reactors & Technologies
    • 2.3.3 Profile of major projects
      • 2.3.3.1 Plants under Operation
      • 2.3.3.2 Projects currently being executed
    • 2.3.4 Investment Opportunities
    • 2.3.5 Future Outlook
  • 2.4 Wind
    • 2.4.1 Overview of current status
    • 2.4.2 Technology
    • 2.4.3 Profile of major projects
      • 2.4.3.1 In recent past
      • 2.4.3.2 Projects currently being executed
      • 2.4.3.3 Profiles of major Ongoing Projects
      • 2.4.3.4 Future plans
    • 2.4.4 Investment Opportunities
    • 2.4.5 Future Outlook
  • 2.5 Solar
    • 2.5.1 Overview of current status
    • 2.5.2 Technology
    • 2.5.3 Profile of major projects
      • 2.5.3.1 In recent past
      • 2.5.3.2 Projects currently being executed
      • 2.5.3.3 Future plans
    • 2.5.4 Investment Opportunities
    • 2.5.5 Future Outlook
  • 2.6 Biomass
    • 2.6.1 Overview of Current Status
    • 2.6.2 Technologies in Biomass Generation
    • 2.6.3 Incentives by government for promotion
    • 2.6.4 Biomass projects
      • 2.6.4.1 Completed projects at a glance
      • 2.6.4.3 Ongoing projects at a glance
      • 2.6.4.4 Profiles of Major Ongoing projects
    • 2.6.5 Investment Opportunities in Biomass Power
    • 2.6.6 Future Outlook
  • 2.7 Emerging Trends in Technology
    • 2.7.1 Hydrogen
    • 2.7.2 Fuel cells
• 3. Transmission and Distribution
  • 3.1 Overview of Current Status
    • 3.1.1 Under construction
    • 3.1.2 T & D losses
  • 3.3 Investment Opportunities
  • 3.4 Future Outlook
• 4. Demand for Power
• 5. Growth Drivers
  • 5.1 Growth in Indian Economy
  • 5.2 Reforms Undertaken by Government
  • 5.3 Encouragement in Foreign Direct Investments
  • 5.5 Development of Ultra Major Mega Projects
  • 5.6 Large Reservoir of Untapped Hydro Electricity
• 6. Major Players in Generation, Transmission and Distribution
  • 6.1 Generation - Thermal Power Companies
    • 6.1.1 National Thermal Power Corporation Limited
  • 6.2 Nuclear Power Company
    • 6.2.1 Nuclear Power Corporation of India Limited
  • 6.3 Hydro Power Companies
    • 6.3.1 National Hydroelectric Power Corporation
    • 6.3.2 North Eastern Electric Power Corporation Limited
    • 6.3.3 Damodar Valley Corporation
    • 6.3.4 Jaiprakash Hydro Power Limited
  • 6.4 Wind Power Companies
    • 6.4.1 BF Utilities Ltd
    • 6.4.2 Indo Wind Energy Limited
  • 6.5 Biomass Power Companies
    • 6.5.1 Clarion Power Corporation Limited & Rithwik Energy systems Limited
    • 6.5.2 Arashi Hi-tech Bio-Power Pvt Ltd
    • 6.5.3 10 kW Biomass Gasifier plant at Chhattisgarh
  • 6.6 Power Transmission & Distribution
    • 6.6.1 Power Grid Corporation of India
    • 6.6.2 Reliance Energy Limited
    • 6.6.3 Tata Power
  • 6.7 Power Financing
    • 6.7.1 Power Finance Corporation
  • 6.8 Power Equipment Manufacturers
    • 6.8.1 Suzlon Energy Limited
    • 6.8.2 Tata BP Solar Limited
    • 6.8.3 Photon Energy Systems
    • 6.8.4 Anu Solar Power Pvt Limited
• 7. Regulations & Policies
  • 7.1 Electricity Act 2003
  • 7.2 Status of Power Sector Reforms
    • 7.2.1 State Reforms Acts
    • 7.2.2 State Electricity Regulatory Commissions
  • 7.3 Foreign Direct Investment Policy
    • 7.3.1 Automatic Route
    • 7.3.2 Generation and transmission of electricity
  • 7.4 Income Tax Benefits
    • 7.4.1Incentives on Return on Investment (equity)
    • 7.4.2 Other incentives
    • 7.4.3 Related incentives
• 8. Ultra Mega Power Projects
  • 8.1 Introduction
  • 8.2 Benefits of UMPPs
  • 8.3 Current Status
    • 8.3.1Special Purpose Vehicles
    • 8.3.2 Allocation of Power to UMPPs
  • 8.4 Issues & Challenges
  • 8.5 Future Outlook
• 9. Issues & Challenges
  • 9.1 High Transmission and Distribution Losses
  • 9.2 Power Theft- Biggest threat to industry
  • 9.3 Demand supply mismatch
  • 9.4 Regulatory hurdles
  • 9.5 Global Participants in Power & Distribution Transformer Market
  • 9.6 Inadequate Generation and Transmission Capacity
  • 9.7 Quality of supply1
  • 9.8 Subsidized price inflicts losses
  • 9.9 Price hike in Transformer Raw Materials
  • 9.10 Acute Shortage of Fuel Supply
  • 9.11 Untapped Renewable Energy Sources 10 . Critical Success Factors
  • 10.1 Generation
    • 10.1.1 Sourcing & management of funds are very critical to the project
    • 10.1.2 Selection of location for Hydro & Wind power projects is important to ensure optimum generation
    • 10.1.3 Success lies in controlling project implementation schedule
    • 10.1.4 Roping in the private partner is a big deal
    • 10.1.5 Smooth supply of Raw material for coal based projects will ensure ceaseless generation
    • 10.1.6 The demand supply gap for coal will lead to increased import of coal
    • 10.1.7 Meeting environmental requirements is a social responsibility
    • 10.1.8 Improving the capacity utilisation of the existing projects will make it more viable
    • 10.1.9 Meeting safety norms for nuclear power is an international requirement
    • 10.1.10 Encouraging industrial entities to be self reliant on power can give additional mileage to the sector
  • 10.2 Transmission & Distribution
    • 10.2.1 Reducing Transmission & Distribution (T & D) losses can save huge money
    • 10.2.2 Private participation in distribution can improve distribution management
    • 10.2.3 Effective utilisation of IT in transmission sector development
• 11. Michael Porter Analysis
• 12. Future Outlook
• Annexure 1: Power Projects - Statutory & Non-statutory clearances
• Annexure 2: Bibliography Annexure 3: List of Abbreviations
• List Of Figures
  • Figure 1.1: Global operational Model of Electricity Industry
  • Figure 1.2: Power Consuming Sectors
  • Figure 1.3: Sector Wise Energy Consumption (2000-01 and 2005-06)
  • Figure 1.4: Trend in Power Consumption be sector (2000-01 to 2006-07)
  • Figure 1.5: Per Capita Consumption of Power (from 1980-2007)
  • Figure 2.1: Major Thermal Power Plant
  • Figure 2.2: Location Map for Various Hydro Power Projects under NHPC
  • Figure 6.1: NTPC's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.2: NTPC's Net Sales VS PAT FY 05-FY07
  • Figure 6.3: NPCIL's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.4: NPCIL's Net Sales VS PAT FY 05-FY07
  • Figure 6.5: NHPC's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.6: NHPC's Total Income VS PAT FY 05-FY07
  • Figure 6.7: NEEPCL's PBDIT VS PBDIT margin FY04-FY06
  • Figure 6.8: NEEPCL's Net Sales VS PAT FY 04-FY06
  • Figure 6.9: DVC's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.10: DVC's Net Sales VS PAT FY 05-FY07
  • Figure 6.11: Jaiprakash Hydro Power Limited's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.12: Jaiprakash Hydro Power Limited's Net Sales VS PAT FY 05-FY07
  • Figure 6.13: BF Utilities PBDIT VS PBDIT margin FY04-FY06
  • Figure 6.14: BF Utilities Total Income VS PAT FY 04-FY06
  • Figure 6.15: Indo Wind Energy Limited's PBDIT VS PBDIT margin FY04-FY06
  • Figure 6.16: Indo Wind Energy Limited's Total Income VS PAT FY 04-FY06
  • Figure 6.17: 10kW Biomass Gasifier Plant at Chhattisgarh's PBDIT VS PBDIT margin FY04-FY06
  • Figure 6.18: 10kW Biomass Gasifier Plant at Chhattisgarh's Total Income VS PAT FY 04-FY06
  • Figure 6.19: Power Grid Corporation's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.20: Power Grid Corporation's Net Sales VS PAT FY 05-FY07
  • Figure 6.21: Reliance Energy's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.22: Reliance Energy's Net Sales VS PAT FY 05-FY07
  • Figure 6.23: Tata Power's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.24: Tata Power's Net Sales VS PAT FY 05-FY07
  • Figure 6.25: Power Finance Corporation's PBDIT VS PBDIT margin FY05-FY07
  • Figure 6.26: Power Finance Corporation's Net Sales VS PAT FY05-FY07
  • Figure 6.27: Suzlon's PBDIT VS PBDIT margin FY 05-FY07
  • Figure 6.28: Suzlon's Net Sales VS PAT FY 05-FY07
  • Figure 6.29: Trend of Total Turnover & Exports (2002-03 to 2005-06)
• List Of Tables
  • Table 1.1: Segment wise Power Generation as on 30th April 2007
  • Table 1.2: Summary of Installed Capacity as on 30th April 2007
  • Table 1.3: Summary of installed capacity as on 31.12.2006
  • Table 2.1: Major Thermal Power Plants
  • Table 2.2: Projects executed during April 05 to December 06
  • Table 2.3: Thermal Units Included in Original 10th Plan But Slipping to 11th Plan
  • Table 2.4: Future Thermal Power Plants under XIth Plans
  • Table 2.5: Hydropower generation capacity (MW)
  • Table 2.6: Potential Hydro Power Locations in India
  • Table 2.7: Hydel units commissioned during FY03-FY06
  • Table 2.8: Hydropower projects planned for 11th Plan (2007-12)
  • Table 2.9: Ongoing Hydroelectric projects in 11th Plan (2007-12)
  • Table 2.10: Nuclear Power Plants under Construction
  • Table 2.11: Estimated Wind Power Potential in India
  • Table 2.12: Installed Capacity of Wind Energy from Year 2000-2007
  • Table 2.13: Wind Turbine Technologies
  • Table 2.14: Major projects completed: Wind Energy
  • Table 2.15: Ongoing projects at a glance: Wind Energy
  • Table 2.16: Estimated medium-term potential and cumulative achievements as on 31.03.2007
  • Table 2.17: List of solar projects completed in recent past
  • Table 2.18: List of projects currently being executed
  • Table 2.19: Interest subsidy: Bagasse Co-generation (Commercial Projects)
  • Table 2.20: Interest subsidy: Biomass Power
  • Table 2.21: Completed Biomass projects
  • Table 2.22: Ongoing Biomass projects
  • Table 3.1: Details of lines as on 30th April 2007
  • Table 3.2: Details of Transmission Lines and Sub- Stations under construction as on 30 April 2007
  • Table 3.3: State-wise AT&C Losses as on December 2006
  • Table 4.1: Demand as per National electricity Policy
  • Table 4.2: Demand as per National electricity Policy
  • Table 6.1: NTPC's Projects in Operation
  • Table 6.2: NTPC's Projects under implementation
  • Table 6.3: NPCIL's Power Projects under operation
  • Table 6.4: NPCIL's Power Projects under construction
  • Table 6.5: NHPC's Power Projects under operation
  • Table 6.6: NHPC's Power Projects under construction
  • Table 6.7: NHPC's Power Projects awaiting clearance
  • Table 6.8: NHPC's Power Projects under Survey and Investigation Stage
  • Table 6.9: Projects of NEEPC in operation
  • Table 6.10: Projects of NEEPC under construction
  • Table 6.11: DVC's Projects in Operation
  • Table 6.12: Capacity Addition of DVC in 2007
  • Table 6.13: Proposed Projects of DVC
  • Table 6.14: Projects Approved by Power Grid Corporation of India in 2004-05
  • Table 6.15: Projects Approved by Power Grid Corporation of India in 2005-06
  • Table 6.16: Generation Projects Executed in India by Reliance Energy
  • Table 6.17: Transmission Projects Executed in India by Reliance Energy
  • Table 6.18: EPC Projects Executed in India by Reliance Energy
  • Table 6.19: EPC and Contract Projects Executed Abroad by Reliance Energy
  • Table 6.20: Projects Executed in India by Tata Power
  • Table 6.21: Projects Executed abroad by Tata Power
  • Table 6.22: Re-powering/ Capacity Augmentation Projects in India by Tata Power
  • Table 6.23: Receiving Stations /Sub-Station Projects (in-house & abroad) by Tata Power
  • Table 6.24: Transmission & Distribution projects by Tata Power
  • Table 6.25: Power plant Management/Operation by Tata Power
  • Table 6.26: Projects Funded by PFC
  • Table 7.1: Status of Reforms in different costs
  • Table 8.1: Special Purpose Vehicles
  • Table 8.2: Allocation of Power to UMPP
  • Table 9.1: States with Highest Peak Shortages and Corresponding T&D losses
  • Table 9.2: Demand supply Scenario of Power in India