India's power sector has potential of Rs 40 trillion investment over next decade: Motilal Oswal
Motilal Oswal asserted in a report.
Of those estimated Rs 40 trillion investment potential, Rs 34 trillion is expected in capital expenditure and the rest in optionality, with the generation, transmission, and smart metering accounting for an estimated 86 per cent, 10 per cent, and 4 per cent.
The tailwinds driving this «mammoth» investment are power demand accelerating at a higher CAGR, upgrading or replacing old power infrastructure as the electricity mix undergoes a shift, and transitioning to cleaner energy sources.
The report said India is a unique case where burgeoning real GDP/per capita growth, technology upgrades and electrification are all strong undercurrents and could continue to drive power demand higher for years to come.
«With a robust GDP growth outlook for India and the emergence of new demand drivers (electric vehicles, data centers, electrification of energy demand), we believe power consumption in India can compound at 7 per cent+ over the next decade (currently 8-9 per cent),» Motilal Oswal said.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A
