Horizons- Jan 2013

Posted on February 5, 2013 by

The State of Maharashtra has traditionally been one of the leaders on some of the most important fronts in India. With just 10% of the country’s population, the State accounts for close to 15% of its GDP as well as energy supply. Even in the area of Renewable Energy – a key constituent of the Prime Minister’s National Action Plan on Climate Change (NAPCC), Maharashtra is second only to Tamil Nadu. Given the quality wind resource Tamil Nadu is blessed with, even here Maharashtra’s performance is creditable.

Energy demand in Maharashtra has grown at an average rate of 6.2% over the last seven years while supply has clocked growth of only 5.4%. The initial surge in RE capacity was driven more by the need for “green energy”. Today the driving force is more simplistic – “energy” alone is a valuable commodity. Fortunately Maharashtra has a long way to go before it exhausts its RE options. Wind and Solar energy are expected to be focus areas.

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