A brief about energy, power, petroleum and solar segments in India

The sector belongs to Energy and Power in India is ready for a considerable take-off.  The Accelerated Power Development & Reforms Programme 2002 – 2012 has already seen an addition of about 22,000 MW in last five years and in coming five years this addition may reach up to 78,000 MW. As per an average it is energy and power requirement is 15,600 MW per addition.  There are many companies in India which are playing considerable role in energy and power segment of India. They are responsible for the production and delivery of products related to power and energy.

In recent years, Indian Petroleum industry has also contributed a sizable share speeding up the expansion in the economy of the country. This sector contributed to 15% in the total GDP. Petroleum exports gave new dimension to foreign exchange earnings by drawing US$ 23.64 billion in the FY 2008-09.

Petroleum products industry covers segments like Refinery production, Natural Gas Production, and Crude Oil Production. India has also turned into an international refining destination. With lesser requirement of investment for establishing infrastructure, India is now emerging as a cheap market for oil refinery.

Industry for solar products and equipments is also remarkably growing year after year and scopes for companies engaged in the segment are clear enough. Many companies in India are now brining high-end solar products and equipments.

If you are interested to know more about companies and organizations engaged in Energy and Power, Petroleum Products, and Solar Products and Equipments, log on to Trademart.in which is a leading B2B portal for providing high quality B2b services.