Released on = April 27, 2007, 2:35 am

Press Release Author = Shushmul Maheshwari

Industry = Energy

Press Release Summary = CPRI is delving into every possible source of energy, so
that the energy generation capacity can be enhanced and Indians can receive
electricity at a reasonable price by the year 2015.

Press Release Body = CPRI (Central Power Research Institute) is harnessing every
possible source, whether it’s solar, wind, or thermal energy, for supplying
power to Indian populace at a reasonable price by the year 2015. “The CPRI has
envisaged a time-bound roadmap for the Indian power sector - sustainable energy
system with clean power technologies in the 21st century,” as said by P K
Kognolkar, the director of CPRI, in a statement that Gulf Times published on April
13, 2007.

Founded in 1960, the autonomous research body CPRI works under the ministry of
federal power. CPRI is responsible for conducting research in the field of
electrical engineering. The institute has undertaken 300 research projects and has
commercialized 25 technologies, so far.

India is one of top five countries worldwide that use wind energy. The country is
also picking up fast in the solar sector. “Solar Photovoltaic (SPV) is very
popular in far-flung villages and human habitations where the grid power supply is
erratic and the quality of power rather poor,” added Kognolkar.

Viewing the latest trends in energy use globally, scientists from CPRI are
optimistic about vertical growth in renewable energy - 30% growth in wind energy,
and 25% in solar energy per year. According to the statement of a power sector
analyst that dnaindia.com published on April 16, 2007, “With the peak hour
shortage of 15% and an overall power shortage of 7.5%, there is enormous scope for
the expansion of power sector projects.”

RNCOS report “Indian Power Sector (2006)” notifies, “Total
installed capacity in India had reached 126940.9 Mega Watt, as on November last year
(2006), whereas it was 116696 Mega Watt in previous year. From the perspective of
consumption, industrial sector is accountable for 35.60%, next comes the household
with 24.80%, and agriculture with 22.90%.”

The report further states, “India’s power policy has fundamentally three
missions namely availability of power for all by 2012, all villages’
electrification by 2009, and access to power for all households by 2012.”

Key issues analyzed in this report include: market forces driving the industry,
opportunities and challenges before Indian power industry, detailed overview of
Indian power sector at state level, etc.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM041.htm
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