Industrial Technology and Innovation Growth Strategy for Power Sector
Industrial Technology and Innovation Growth Strategy for the Power Sector in India (1999-2049) Executive Summary This study explores the evolution and future prospects of the Indian power sector from 1999 to 2049, focusing on technological advancements, challenges, and strategic innovations. It identifies gaps in key areas such as process improvements in power plants, power transmission, combined heat and power (CHP) systems, and materials for high-temperature and high-pressure conditions. The study uses data analytics and flow charts to illustrate trends, and provides comprehensive references to support the analysis. 1. Evolution of the Indian Power Sector (1999-2024) 1999-2009: Initial Reforms and Growth Privatization and Regulation : Introduction of Electricity Act 2003, unbundling of state electricity boards. Capacity Addition : Significant increase in installed capacity, focus on coal-fired power plants. Technology Adoption : Gradual introduction of supercritical technolog...