Market Report
Report Summary Opportunity Tracker for EPC Companies, OEM’s, Package & Component Suppliers under Grid Up-gradation, Rural Electrification, and Renewable Energy Integration Initiative.
Saubhagya Scheme & Intermittent Opportunities for Power Generation, Transmission and Distribution Sector in India
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- About
It seems that power industry in India is not done yet in gaining all the attention. Since, 2014 the industry has been into limelight, courtesy the initiatives taken by the Indian government. After, quite a good number of schemes, policies & reforms introduced into the sector over the short span of three years, the government still doesn’t seems satisfied as building upon the same continues. After UDAY, Saubhagya scheme is another more talked about fresh addition into the list. But, unlike UDAY which at large was dedicated to the distribution facet of power industry, Saubhagya Scheme is believed to touch the entire value chain catering all the three legs – generation, distribution & transmission . From gencos to power exchanges & traders, transmission utilities to discoms , OEMs to package & component suppliers to EPC players, Saubhagya Scheme opens up a wide opportunity zone for all. To tap this underlying opportunity on pan India as well as regional basis , eninrac consulting pvt.ltd attempts to come up with a in-depth research study onto the same.
Since, the government plans to pool in an invest to the tune of USD 2.15 Billion till Dec 2018 for electrifying approximately 4 crores of rural households under this scheme, we anticipate significant business case holding up into grid upgrades, renewable-energy integration, rural electrification, and smart metering. Infact, more automation and advanced analytics based solutions for controlling high transmission and distribution losses is the way forward for India’s power sector. These and related opportunities would need annual investment of about USD10 billion by 2020 is what the report broadly talks about . Apart from this, the report deep delves in evaluating state wise business case for the industry stakeholders under the Saubhagya scheme and thereafter.
Key Queries Resolved
- What would be the impact of Saubhagya Scheme on Power Demand Rise in India?
- How power supply embellishment shall take place in India with Saubhagya Scheme in place?
- What would be the long term impact of India’s adaptability towards power demand response?
- What would be the opportunity tune for independent power producers under Saubhagya Scheme?
- What would be the opportunity tune for power transmission utilities under Saubhagya Scheme?
- What would be the opportunity tune for power distribution utilities in rural electrification under Saubhagya Scheme?
- What would be the opportunity tune for power distribution utilities in grid upgradation?
- What would by the opportunity tune for EPC players under Saubhagya Scheme?
- What would be the opportunity tune for OEMs under Saubhagya Scheme?
Business Case Under Saubhagya Scheme
- Close to 23 percent of the rural household in India are unelectrified, which makes the count to be 4.1 crore households
- The total outlay for the Saubhagya Scheme is INR 16,320 Crores, of which the central government will provide INR 12,320 Crores
- The outlay for electrifying rural households will be INR 14,025 Crores of which the centre shall provide INR 10,588 Crores
- Bihar, Jharkhand, Uttar Pradesh Assam & Nagaland amongst the high opportunity zones
- In the urban centers to ensure 100% electrification an investment of INR 2295 has been pooled in
- The state discoms will execute the electrification works through contractors or other suitable agencies
- The scheme aims to cover about 50 lakh households in the urban centres
- For households located in remote and inaccessible areas, solar power packs of 200 to 300 Watt and battery back with 5 LED light, 1 DC Fan, 1 DC power plug along with repair and maintenance for 5 years would be provided
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