power generation companies in India
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Understanding The Major Sources Of Power In India

The three main power sources in India are mainly governed by the Ministry Of Power. The power consumption needs of India are dependent on three main pillars of sources and their generation of power, the transmission, and the distribution to various states of India.

The power generations is further segregated into governing bodies like Central, State and Private sectors that are responsible to helping the country meet its power needs. As far as the private and public sectors are concerned, there are quite a few power generation companies in India using modern windmill technologies to generate a considerable amount of power and contributing to the growing consumption rate in cities and rural areas. Nonetheless, the country still faces a deficit.

Alternative environment-friendly options

However, with many environmental challenges being faced worldwide, environmentalists today are choosing various forms. These pods are basically capsules and are made of aluminium foil that can capture and seal the energy source, which can then be used for power generation. However, this technology is still in a nascent stage and a lot more research has to be done to make it available in a large scale.

The number one power source

Thermal power and RES or renewable energy sources still stands to be the first major source of electricity in the country. It is generated out of coal, natural gas and oil. Even small scale projects like hydroelectricity and wind-powered power, bio-electricity, solar power and even industrial power that are derived from urban and industrial waste.

The second major source of power

Hydel power is one of the cheapest options available in India. Since it is a non-polluting option, it is highly sought-after. There are several hydroelectric power generation companies in India today. It is a renewable source of energy and there has been a considerable amount of increase in power generation in this sector. Hydro-electricity has a huge potential and it does not cost as much as other sources to generate per unit of power.

Despite these immense advantages, only 20% of the total hydro-electricity is used by the country. Most of it is still underutilized. The power generation companies in India can look at this sector as a viable and profitable option. Also, India is a rain-dependent nation and if monsoons fail, it has an adverse effect in the production of hydro electricity.

The third power generation option

Nuclear power is a modern method of power generation and India started producing it in the 1970s. It still amounts to only 2% of the total power consumed in the country. It is also very expensive to create thermal power, as it requires a lot of land space and specialized plants to generate the power. Furthermore, waste and byproducts of thermal power generation have to be stores carefully so that they do not leak out and contaminate the environment.

Conclusion

India is a power hungry country and the needs for electricity are forever growing. The country can look at environment-friendly options like reusable Nespresso pods and think of privatising power generation companies in India.

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