NewsCase StudiesEvents

Powering Change In India

Also in the news...

Procedure for Obtaining Mobile Money Operator License in Nigeria

On 3rd August 2021, the recent Central Bank of Nigeria (“CBN”) released the Guidelines for the Establishment and Regulation of Payments Service Holding Companies (“PSHC”) in Nigeria. The Guidelines requires companies that intend to offer both switching and processing and mobile money services to set up a PSHC structure.

Overseas Business Risk - Cameroon

Information on how UK businesses can control risks when operating in Cameroon.


Charterhouse Lombard wants to get you set up for the long term– with a free visa for life.

Made in the UK, Sold to the World: New strategy to boost exports to £1 trillion

The new export strategy kickstarts ‘Race to a Trillion’ as DIT publishes 12-point plan to help UK businesses hit £1 trillion in exports.

We find the right free zone for you at the right price

Looking to set up your UAE company? At Charterhouse Lombard we put together the best offers from free zones around the country to find the right match for you.

Powering Change In India

Back to News

In order to deliver on its ambitious plan to position India as a global economic powerhouse over the coming years, the Government of India needs to urgently develop its domestic energy network.

In a country that struggles to keep the lights on for more than 4 hours a day in many areas, delivering reliable, secure and environmentally friendly energy sources to power the future demands of industry and commerce is a huge challenge for the current Modi Administration.

To tackle this problem, India is seeking to deliver a range of energy options encompassing Solar, Wind, LNG, Oil and potentially further down the line, Nuclear.

Solar is presently the early ‘front runner’ to bring energy to the most energy-deprived areas, offering as it does the opportunity to deliver green energy quickly both locally and on a wider basis through feeding into India’s developing national grid network.

For the time being, India has dismissed the notion of investing heavily in relatively quick-to-deliver but heavily polluting Coal fired Power Stations, having seen the major pollution problems this has caused in China. In addition, whilst Oil prices are historically low at the time of writing, India is not a domestic producer and fears getting ‘caught out’ if it develops a power network that relies heavily on imported Oil with the attendant risks of restricted world supply and price-hikes. As such, whilst Oil will understandable stay ‘in the mix’, it will remain one of several options

Meanwhile, Liquid Natural Gas (LNG) is already being used to fuel certain Power Stations across India and with a major LNG supply deal with Russia now in place, we can expect to see more Powers Stations using this fuel in the future.

Wind energy is seen as an expensive alternative to Solar and as India gets far more Sun than wind, Wind energy may struggle to make inroads into this market. That is unless it is able to significantly reduce its costs, as the Government of India will certainly not subsidise it in the way that European Governments have in the past.

All things considered, India’s growing demand for energy offers tremendous opportunities to UK Developers and Service Providers operating in both the fossil fuel and green energy spaces.

Article supplied by Francis Consulting

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.