India's clean energy market valued over Rs 9,000 cr

Demand for clean energy products rising in rural areas

PTI | October 4, 2010

With the demand for clean energy in India increasing, its aggregated potential market is expected to touch Rs 9,728 crore annually, an  Institute for Financial Management and Research (IFMR) report says.

The aggregated potential market for the clean energy across four sectors comprising--decentralised renewable energy services, solar home systems, solar lanterns and energy efficient cookstoves (EEC) is expected to grow over Rs 9,000 a year given demand from new quarters, says the report

The IFMR's  Centre for Development Finance, a non-profit think tank, has released the report titled "Power To The People--Investing in clean energy for the base of pyramid".

While the estimated potential annual market for decentralised energy would be Rs 9,406 crore, solar home systems has been pegged at Rs 126 crore, solar lanterns at Rs 85.5-crore, the EEC sector is likely to be Rs 2.41 crore, according to the report.

The report stated that the demand for clean energy products was rising especially among India's rural base, considered the bottom of the pyramid (BoP), which constitutes around 114 million households and nearly 60 per cent of the country's total population.

Read the report



Other News

India set to enter 5G era

After years of intense preparation, India is about to take the next step in information and communication technology. Prime Minister Narendra Modi will launch 5G services in India on October 1 and also inaugurate the 6th Edition of India Mobile Congress 2022 to be held till October 4, at Pragati Maidan, Ne

Ram Shravan Manan: A musical venture that leads to self-reflection

There is this popular saying that epics are never told, but always retold. Ramayana is one such epic and needs no introduction. Its plot is grounded in sacrifice and the end brings out hope that the good always wins. But how is a centuries-old tale of the prince of Ayodhya still relevant for today’s

Garib Kalyan Ann Yojana extended for three more months

In pursuance of the pro-people announcement made by the prime minister in 2021 and successful implementation of additional food security under PM Garib Kalyan Ann Yojana, the union cabinet has approved its extension for a further period of three months, from October to December 2022. At a ti

A great literary feast (that could’ve been even more sumptuous)

A Case of Indian Marvels: Dazzling Stories from the Country’s Finest Writers Edited by David Davidar Aleph, 390 pages, Rs 999 Change is the only constant, and India has always been doing so. Yet, after independence, if there was a year when the p

Govt e-Marketplace sellers report more business

“My volume of business has increased ever since I registered on GeM (Government e-Marketplace) in 2017. Earlier, I could supply items only in the vicinity of my shop in Fort area and only within Mumbai. Now, I ship my products all over the country! I have tied up with India Post and three private cou

How the Hindi Newspaper Business Changed

The Journey of Hindi Language Journalism in India: From Raj to Swaraj and Beyond By Mrinal Pande Orient BlackSwan, 188 pages, Rs 1,195.00 In India, the English-language media is considered the ‘national media’, while the language press

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Current Issue


Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter