Thermal Power

Indian Privately Owned Power Utilities are furiously expanding their capacities as India looks to treble its Power Generation Capacity in the next decade.The major power companies like Adani Power and Reliance Power are giving Tata Power a tough fight for the position of the biggest private Indian Utility.While these companies cannot hope to overtake state owned giant NTPC in this decade,they may do so in the next one.Note some of these companies are expected to grow almost 20 times in the next 10 years.Here are the main contenders Note most of the power plants being built in India are coal ones with the power providers aggressively buying up coal mines in Indonesia,Australia and South Africa to increase fuel security.However in case of any global disruptions,India remains very vulnerable.However India's policymakers are sleeping on this issue.It makes more sense to concentrate on those sources whose fuel security is high such as solar and wind power.Coal also faces the prospect of high carbon taxation as global warming becomes acute.Environmental issues related to power plants has already resulted in some being halted as local citizens agitate against the thermal plant's negative effects on livelihoods and health.