Business Opportunities in Energy Sector. Business Ideas in Power Sector Projects.
Power Project, Power Generation Plants, Hydroelectric Power, Gas-Fired Power Station, Coal, Thermal, Water, Hydro, Wind, Solar, Agro, Biogas Based Power Plants, Electrical Power Industry, Alternative, Renewable Power Generation, Electricity Generation
Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy.
India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required.
A transmission tower is a structure which supports and conveys electric transmission lines. Transmission tower are the supporting structure for overhead lines and carry the transmission conductor above the ground level. The rising demand for electricity, need for replacement of ageing infrastructure and installation of new transmission and distribution infrastructure is expected to drive the growth of transmission tower market. However, varying raw material prices, especially steel, and export and import restrictions may hinder the future potential of this market.
Transmission towers are used in high voltage AC and DC applications to carry safety critical and heavy conductor. Thus, transmission towers need to be able to withstand natural calamities and must be designed accordingly.
Developing nations such as India and China are the key markets driving the growth of this market whereas in developed economies such the North American and European regions presents new growth avenues with respect to the technological developments and replacement demand. However, fluctuating steel prices, and import/export regulations are key restraints for the global transmission towers market.
It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to transmission tower market.
Increasing electricity demand on account of rising urban population will drive the global market size of power transmission lines & towers over the forecast timeframe. In the past decades, utilities and private financial institutions have made significant investments towards the development of new grid infrastructure across the globe. In 2016, U.S. announced the investment of USD 10 billion for developing new grid infrastructure in line of reducing curtailment rate across western transmission network.
The global power transmission towers and cables market features a highly fragmented and a markedly dynamic operating environment.
The global power transmission towers and cables market stood at US$7.62 bn in 2014 and is projected to rise at a CAGR of 7.15% from 2015 to 2023. Expanding at this pace, the market is anticipated to reach a valuation of US$13.90 bn by the end of 2023.
Regionally, Asia Pacific leads the market and is predicted to account for a revenue of 49.0% by the end of the forecast period. The growth of the regional market is primarily propelled by the increasing upgrade of conventional power transmission infrastructures in order to meet the intensifying demand for smart grid technologies. Based on type, the market for power transmission cables is anticipated to lead throughput the forecast period. This segment is projected to rise at a CAGR of 10.28%, in terms of volume, from 2015 and 2023, mainly driven by the demand for constant expansion of grid networks.
India’s power generation mix is considerably inclined towards coal based power generation. Current capacity addition and new establishments show increased share of coal in the Indian energy sector. As the coal reserves are limited to their natural availability and also due to the stringent environmental clearance, expansion of coal mining is limited in India. It is predicted that the Indian coal sector will face substantial shortfall in the quantum of coal production that is likely to continue in future.
Natural gas is a clean fuel as compared to coal and can be efficiently used in power generation. As the domestic coal supply is generally of low quality with low calorific values, high degree of ash content and its adverse impacts to the environment, Government of India encourage gas based power generation in India. The use of gas in power-generation was initially promoted by the Government primarily with a view towards environmental considerations.
Biomass has always been an important energy source for the country considering the benefits and promises it offers. It is a carbon neutral fuel source for the generation of electricity; and apart from providing the much needed relief from power shortages, biomass power projects could generate employment in rural areas.
About 32% of the total primary energy use in the country is derived from biomass and more than 70% of the country’s population depends upon it for their energy needs.
India has over 5,940 MW biomass based power plants comprising 4,946 MW grid connected and 994 MW off-grid power plants. Out of the total grid connected capacity, major share comes from bagasse cogeneration and around 115 MW is from waste to energy power plants. Whereas off-grid capacity comprises 652 MW non bagasse cogeneration, mainly as captive power plants, about 18 MW biomass gasifier systems being used for meeting electricity needs in rural areas, and 164 MW equivalent biomass gasifier systems deployed for thermal applications in industries.
State wise Biomass Power and Cogeneration Projects
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State Wise Biomass Power and Cogeneration Projects
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State
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Capacity (MW)
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Andhra Pradesh*
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389.75
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Bihar
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43.42
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Chhattisgarh
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264.90
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Gujarat
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55.90
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Haryana
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52.30
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Karnataka
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737.28
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Madhya Pradesh
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36.00
|
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Maharashtra
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1,112.78
|
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Odisha
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20.00
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Punjab
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140.50
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Rajasthan
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111.30
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Tamil Nadu
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662.30
|
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Uttarakhand
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30.00
|
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Uttar Pradesh
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936.70
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West Bengal
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26.00
|
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Total
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4,761.00
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Here are few Projects for Startup:
CO-GENERATION POWER PLANT BASED ON BAGASSE
Co-generation plant based on Bagasse is the need of the hour in the perspective of the power generation required and its demand is increasing considerably. There stands an imperative need for the setting up of power plant based on bagasse, which is a waste product from sugar industries. Read more
TRANSMISSION TOWER & TELE COMMUNICATION TOWER WITH GALVANIZING PLANT
The purpose of a transmission line tower is to support conductors carrying electrical power and one or two ground wires at suitable distances above the ground level and from each other. A transmission line tower is a space-frame and high order indeterminate structure. Its cost is influenced by its weight. Read more
GAS BASED POWER PLANT
When the gas turbine generator was introduced to the power generation industry in the late 1940s, it was a revolutionary self-contained fossil-fueled power plant. Gas turbine generators are self-contained packaged power plants. Air compression, fuel delivery, combustion, Read more
SOLAR POWER PLANT
Solar thermal systems for generating electricity use tracking mirrors to reflect and concentrate sunlight on to a receiver, where, it is converted to high temperature thermal energy. The high-temperature heat in the receiver is then used to drive a heat engine and electric generator to produce electricity. Read more
CAPTIVE POWER PLANT
Robust power generation and an effective delivery model determine the bullish economic growth of a country. A weak power infrastructure impedes the growth potential and pulls back the growth initiates. Captive power plants are essentially non-utility power plants. Read more
THERMAL POWER PLANT (5 MW)
Power generation is an essential requirement of economic growth of a country. Generation involves with the production of power and transmission and distribution function is of carrying the generated power to the doorsteps of the consumer. India’s per capita power consumption was 490 units in 2004-05, one third compared with 1,500 units of China. Read more
COAL BASED POWER PLANT (500 MW)
Power Generation is an essential requirement of economic growth of a country. A weak power infrastructure does not lead to the growth potential and pulls. Generation involves with the production of power, and transmission and distribution function is of carrying the generated power to the doorsteps of the consumers. Read more
BAGASSE BASED COGENERATION POWER PLANT
Energy demand is fast increasing with rapid industrialization and urbanization in India. In a developing economy like India, generally energy demand is increasing at much faster pace than supply. Increasing demand also leads to increase in cost of energy, hence high power tariffs for consumers. Read more
BIO MASS GASIFICATION POWER PLANT
Bio-gas power plant is one of the sources of non-conventional energy. The biomass fuels are solid carbonaceous materials derived from living plants and animals. There is availability of waste material in our country, producer gas can be easily converted to energy. It can be used for providing electricity in nearer or furthest area. Read more
BIOGAS POWER PLANT FROM COW DUNG
Biogas plants have the ability to accept a wide variety of organic residues as primary fuel input. This includes Cow dung, agricultural residue, effluent discharge, food residue etc. Most agricultural / food production processes have significant amount of organic residues output as by-product. Read more
POWER PROJECT FOR GLASS INDUSTRY
Glass industry in India is one of the prime industry where much more power is utilizing for controlling the production of glass continuously. It is necessary to regular supply of power in the industry. On that base it is best to produce captive power in their own industry. Read more
POWER GENERATION FROM GARBAGE
Managing waste is the collection and ultimate disposal of the waste without causing environmental damage. Power generation from waste is one of unique thinking of country growth. It is prime need in all over our countries as well as mostly under developed country and developing countries. Read more
BIOMASS POWER GENERATION PLANT
Biomass is biological material derived from living, or recently living organisms. In the context of biomass for energy this is often used to mean plant based material, but biomass can equally apply to both animal and vegetable derived materials. Biomass is a plant matter used to generate electricity or produce heat, usually by direct incineration. Read more
SUGAR MILL, DISTILLERY AND POWER PLANT
India is now the largest producer of sugar in the world. Although subject to cyclical fluctuations, sugar production has grown phenomenally in the mid-1990s. It expanded from 14.6 mn tonnes in 1994-95 to 16.5 mn tonnes in 1995-96, representing a growth of 18% in one year. Read more
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Tags
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