1 . )There happen to be talks occurring around the world about the so called? Global warming? and there is pressure among power industry as well to lessen emissions and be environment friendly and as a result alternate sources of energy are being looked upon for future energy requirements.
? Even the UPA authorities signed the nuclear pact with US so that we can convey more nuclear power stations while cleaner power source.
? Various companies in India are going green. Wipro in Mysore is rolling out a grounds which uses solar energy for all those its functions.
? One more model I can state is that of Creciente of Mumbai Shradhha Jadhav? s residence where every one of the lights and also other electric products in the mixture run on solar energy.
? There are also growing number of buildings which are applying renewable options for energy for their daily businesses
What I think is what has happened because of social pressure is that countries are trying to incorporate the changes to use renewable and clean energy resources and lots of companies also within India are trying to build up their picture by going green and by demonstrating that they are performing something great for the country.
As of this moment 57 % of total consumption is usually from coal, which is supposed to reduce with more use of alternative energy resources.
installment payments on your ) With increased number of IT jobs, BPO jobs the nature of occupation is definitely changing, these businesses have large number of technological equipments also because of this lifestyle change there is also a huge increase sought after in power supply. If you calculate the peak shortfall in India it? s about 13 % in May? June.
several. ) To fulfill the demands private players are allowed to enter into American indian markets, because of private businesses entering into Of india markets the tariff price is fairly high. Intended for e. g. Reliance electricity tariff rate in Mumbai is higher than that of Orde Power. Because of this recently in Malad when ever tata electricity was allowed to enter the region where customers were employing reliance power, many buyers shifted to tata power because of less expensive tariff costs, previously this kind of wasn? capital t the case and each area was under a single player simply, but the scenario is changing now.
5. ) Right now, the main thing that comes out is to build new electric power plants for which one prime important factor is to get the location to build the plant. There have been protests from the locals to set up new power plants in their areas. Elizabeth. g. A year ago there was a powerful opposition coming from locals in Jaitapur pertaining to the create of indivisible power plants, they refused to accept the cheques rather than land.
Therefore , these are the challenges which in turn society provides imposed upon the power sector companies which have to be handled carefully if we are to minimize the peak shortage of electricity inside the coming years.