The document provides an overview of India's power sector, including current challenges and future opportunities. It notes that power demand is growing rapidly but supply is not keeping pace, leaving a large gap. To meet the government's targets for increased access and per capita consumption, massive investment will be needed in both conventional sources like coal as well as renewable sources like wind and solar. The power sector is complex with many stakeholders at both central and state levels.

1. POWER : DRIVING INDIA BY SUDIPTA SAR

3. GLOBAL ENERGY CONSUMPTION

4. Correlation between GDP & Power generation Correlations GDP POWER GDP Pearson Correlation 1.000 o.396 Sig. (2-tailed) .958 N 10.000 10 Power Pearson Correlation .396 1.000 Sig. (2-tailed) .958 N 10 10.000

6. Primary energy consumption per capita

9. $2,300 Bn $1,900 Bn High Investment Demand Scenario (3%) Low Investment Demand Scenario (2%) Historic Future Private Capital Mobilized in Power Sector Gap covered by public financing, self - financing, donor funding, and rationing. Total Power Investment ($Billion) Cumulative Sum ($Bn) Source: : World Bank, IEA, Deloitte Touche Tohmatsu Emerging Markets Group Financing required for the Power Sector in India 1990 - 2020 0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Indian market environment – Demand for Power Investment - a large Growing Gap?

10. SOURCE : IDEAs workshop Delhi Major Stages in Electricity Sector NTPC 1975-90 I ncreased Access & Federal intervention Growth 1950–75 Major Growth, Public Ownership IPP Era 1991-98 Private Power Projects E Act 2003 Competition WB Model 1996-2002 Orissa & others

12. 20th Dec 2005 IDEAs workshop Delhi SOURCES Competition in Power (Bulk / Retail )

13. Conventional View of the Industry Structure

14. The Emerging View - anchored in competition

18. Possible Gas Imports (Tongia & Arunachalam, 1999) Natural Gas Gas Authority of India Limited India’s Gas Pipelines

19. In general, wind speeds lower (~200W/m2) in India as compared to Europe (350 W/m2) and US WIND ENERGY Denmark US

21. India has been pursuing a 3-stage Nuclear Power Program. The first stage - Pressurized heavy water reactors (PHWRs) and associated fuel cycle facilities. The second sta ge - Fast breeder reactors (FBRs) backed by reprocessing plants and plutonium based fuel fabrication plants. The third stage - thorium-uranium-233 cycle. Utilization of thorium.

22. THANK YOU