In the 2014/15 fiscal year, India saw the largest ever capacity expansion in the energy sector, at 26 GW. Despite a continuing rapid population growth, energy consumption exceeded the 1,000 kWh per capita threshold for the first time. The peak demand deficit was also at its lowest level ever recorded at 2.4%.
Recognizing the importance of energy availability and competitiveness for economic development, the two-year-old government has launched significant initiatives to further increase energy sector output. Although it will likely be several years before a stable supply of electricity to the population and industry can be assumed throughout India, there are already industrial clusters in some Indian states where energy supplies are highly reliable.
It is therefore important to consider this aspect when looking for a location for industrial development in order to avoid later production problems and to save unnecessary investments, for example in backup generators.
Due to its many years of experience in setting up production facilities in India, the management of Go East Advisors has the necessary expertise to support your projects accordingly.
