The alternative energy sector in India keeps growing rapidly and presents a chance for strong financial returns. Mytrah Energy Limited is listed london which is among the largest alternative energy producers in India today. We’re thrilled to present this paper, designed in partnership with PwC India, explaining the Indian renewables sector and highlights a number of the differences between it along with the, perhaps more well known, markets in Europe.

Having built a 560 MW operating portfolio throughout the last 5yrs, Mytrah is benefitting from a number of the key differences highlighted with this paper:
1. India stands of power, and therefore, new renewable capacity produces electricity on an undersupplied market.
2. Renewable capacity is faster to advertise than alternatives including coal-fired power.
3. Renewable electricity cost is comparable to that regarding electricity off their sources.

Contrary to Europe, where renewables have generally displaced existing generation capacity and required heavy subsidies, India gains advantage from truly market-led renewable energy demand, without significant subsidy. Strong support from the Government of India reinforces the marketplace fundamentals, creating a dynamic market that is expanding as well. India already has 35 GW of sustainable energy capacity and offers to grow this 500% in the next six years.

What he perfectly located at the sector was surprising. India’s wind energy potential is all about 80,000 MW; 15,000 MW has already been placed on the ground. But there was clearly not just a single large IPP [independent power producer] in the industry. “Countries like Spain have a lot of listed wind entities, but also in India it can be near to nil. Organic and natural to about 20 listed thermal companies. As well as in the next Decade, wind being an industry create something such as 50,000 MW. That’s a mainstream number,” says Kailas.

In our opinion, India is the most exciting power market on the planet, specifically renewables. With 400 MW in construction today plus a pipeline exceeding 3,500 MW, we at Mytrah Energy Limited continually play an important role within the increase of renewable capacity. Hopefully you will likely have this paper to be a useful and informative resource and will be very happy to engage in further discussion.

For additional information about Ravi Kailas take a look at this useful web page.