Renewable Energy Market in India 2021

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Rapid urbanization has fuelled power requirements for the smooth functioning of modern lifestyle. There is a spurt in the demand for renewable energy with the gradual exhaustion of conventional electricity generation methods such as thermal power. In India, solar and wind are the most popular renewable energy sources. The Ministry of New and Renewable Energy (MNRE) regulates the market. Some of the major producers are Adani Power Limited, The Tata Power Company Limited, ReNew Energy Global Plc, and JSW Energy Limited.

Market insights:
In 2021, investment in the renewable energy market picked up during the April - September period, reaching ~INR 1.00 Trn. The cumulative installed renewable energy capacity (excluding large hydro) stood at 92.54 GW by January 2021. It is expected to increase in the coming years, with a 13.15% growth rate between 2021 and 2026. The government has undertaken various schemes and programs to increase capacity and promote growth of renewable energy.
Segment insights:

The market is segmented into solar, wind, small hydro, and biopower. In FY 2020, India ranked fourth in the wind and renewable power and fifth in solar power installed capacity. Solar power capacity has increased by more than 15 times in the last seven years. The government widely promotes wind power projects around the country with the help of several private sector investments. The ministry is promoting efficient designs of water mills for mechanical utility and electricity generation and setting up micro hydel projects up to 100 KW for remote village electrification. About 32% of the primary energy is derived from biomass and a large number of the population is dependent on it.

COVID-19 impact analysis:
During the pandemic, the renewable energy sector was hit by multiple demand and supply shocks. However, the impact on the renewable power sector was relatively mild as the government announced a series of relief measures during the 2020 - 2021 period. The demand from commercial and industrial (C&I) consumers had declined by about 18% during the 2020 - 2021 period, while that of residential consumers increased by 5% - 7%. The overall drop in power demand led to a slowdown in the market's growth. Hence the government introduced various policy measures including tenders, power project construction, and expansion plans to mitigate the impact of COVID-19.

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction
3.1. Market definition and structure
3.2. Government organizations that control the renewable energy market

Chapter 4: Market overview
4.1 Renewable energy market in India - An overview
4.1.1. Renewable energy installed capacity and growth forecast (2019 - 2026e)
4.1.2. Share of renewable energy in total installed power capacity (2020 and 2026)

Chapter 5: Market segmentation
5.1. Share of different segments in RE installed capacity (as of May 2021)
5.2. Target of capacity share of different segments by end of 2022
5.3. Solar power capacity (2020)
5.4. Wind power capacity (2020)
5.5. Bio power capacity (2020)
5.6. Small hydro power capacity (2020)

Chapter 6: Government initiatives
6.1. Government initiatives

Chapter 7: Impact of COVID-19
7.1. Impact of COVID-19

Chapter 8: Market influencers
8.1. Key growth drivers
8.2. Key challenges

Chapter 9: Competitive landscape
9.1. Adani Power Limited
-Company information
-Business description
-Products/Services
-Key people
-Financial snapshot
-Key ratios
-Key financial performance indicators
-Key business segments
-Key geographic segments
*Note: Similar information covered for all other public companies. Private companies' data given on a best-effort basis
9.2. Azure Power Global Limited
9.3. JSW Energy Limited
9.4. NTPC Limited
9.5. ReNew Energy Global Plc
9.6. Suzlon Energy Limited
9.7. The Tata Power Company Limited
9.8. Torrent Power Limited
9.9. Sembcorp Energy India Limited
9.10. GreenKo Group

Chapter 10: Recent developments
10.1. Recent developments

Chapter 11: Appendix
11.1. Research methodology
11.2. About Netscribes
11.3. Disclaimer

Companies profiled
• Adani Power Limited
• Azure Power Global Limited
• JSW Energy Limited
• NTPC Limited
• ReNew Energy Global Plc
• Suzlon Energy Limited
• The Tata Power Company Limited
• Torrent Power Limited
• Sembcorp Energy India Limited
• GreenKo Group
Services

Private Education Market in India 2021

  Price : US$ 950   Date : Jan 2022
  Category : Services   Pages : 54
Healthcare and Pharmaceuticals

Pharmaceutical Export Market in India 2021

  Price : US$ 950   Date : Jan 2022
  Category : Healthcare and Pharmaceuticals   Pages : 98
Telecom and IT

Online Education Market in India 2021

  Price : US$ 950   Date : Jan 2022
  Category : Telecom and IT   Pages : 76
Agriculture, Food and Beverages

Flexible Packaging Market in India 2021

  Price : US$ 950   Date : Jan 2022
  Category : Agriculture, Food and Beverages   Pages : 92
Automotive

Cold Chain Market in India 2021

  Price : US$ 950   Date : Jan 2022
  Category : Automotive   Pages : 59

Choose License Type

Happy To Assist You

Contact Images

We will be happy to help you find what you need. Please call us or write to us:

Frequently Asked Questions

This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xxx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands Units).
  • Types
  • Applications
  • Technology
  • End-use Industries
  • Regions
The report share key insights on the following:
  • Current market size
  • Market forecast
  • Market opportunities
  • Key drivers and restraints
  • Regulatory scenario
  • Industry trend
  • Pestle analysis
  • Porter’s analysis
  • New product approvals/launch
  • Promotion and marketing initiatives
  • Pricing analysis
  • Competitive landscape
It helps the businesses in making strategic decisions.
Customization helps the organization to gain insight on specific segments and regions of interest. Thus, WMR offers tailored report information based on business requirement in order to take strategic calls.
Contact us

mapicon
Sales Office (U.S.):
Worldwide Market Reports, 1001 4th Ave, #3200 Seattle, WA 98154, U.S.

mapicon+1-415-871-0703

mapicon
Asia Pacific Intelligence Center (India):
Worldwide Market Reports, 403, 4th Floor, Bremen Business Center, Aundh, Pune, Maharashtra 411007, India.

Newsletter

Want us to send you latest updates of the current trends, insights, and more, signup to our newsletter (for alerts, special offers, and discounts).


Secure Payment By:
paymenticon

This website is secured Origin CA certificate on the server, Comodo, Firewall and Verified Sitelock Malware Protection

secureimg

© 2022 Worldwide Market Reports. All Rights Reserved