DUBLIN--(BUSINESS WIRE)--The "Captive Power Generation Market in India 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The captive power generation market in India will register a CAGR of over 5% by 2023.
Increasing adoption of cogeneration plants to drive market growth
Cogeneration plants, also known as combined heat and power (CH P) or distributed generation, produce two or more forms of energy from a single source of fuel simultaneously. Such plants offer higher efficiency rates compared with single-generation plants.
The key advantage of cogeneration plants is that they produce additional energy using the waste heat from components such as exhausts of the manufacturing plant to provide electricity and heat for the power plants.
High industrial power tariff
Electricity is a critical input in every industry, especially in the manufacturing industry. Electricity costs have a substantial effect across the process value chain of the manufacturers and their final products.
The high-cost tariffs generally have a negative impact on all the industries that rely on electricity inputs as they increase the competition between domestic manufacturers and international manufacturers. Additionally, it results in passing on the price increment to the end-users, thereby resulting in hiked prices of the manufactured commodities.
Shortage of coal for captive power generation
The captive power generation market in India is heavily dependent on coal, and it accounts for the majority of the fuel used for captive power generation in India.
Captive power plant operators have been experiencing a shortage of coal due to factors such as the government's plan of prioritizing the supply of coal for its power production utilities. The shortage of coal adversely affects the operations and jeopardizes the production of various end-products such as steel, cement, aluminum and fertilizers.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Essar Steel and Hindalco, the competitive environment is quite intense.
Key Players
- Bharat Heavy Electricals
- Essar Steel
- Hindalco
- Jindal Steel & Power
- Reliance Industries
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Metals and minerals - Market size and forecast 2018-2023
- Petrochemicals - Market size and forecast 2018-2023
- Cement - Market size and forecast 2018-2023
- Sugar - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY FUEL SOURCE
- Comparison by fuel source
- Coal - Market size and forecast 2018-2023
- Diesel - Market size and forecast 2018-2023
- Gas - Market size and forecast 2018-2023
- Renewables - Market size and forecast 2018-2023
- Market opportunity by fuel source
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Increasing adoption of cogeneration plants
- Changes in regulations for captive power generation projects
- Shift toward renewable energy sources
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bharat Heavy Electricals
- Essar Steel
- Hindalco
- Jindal Steel & Power
- Reliance Industries
For more information about this report visit https://www.researchandmarkets.com/research/v95kr9/outlook_on_the?w=4
