Power sectors in India
After China and the United States of America (USA), India is the world's 3rd largest power producer currently producing 373,029.35MW of power. Catering to the huge population of India. Let’s take a glance at the power generation sector in India. 62% of the total production of power is generated by thermal energy sources 23.9% is produced from Renewable Energy Sources such as wind and solar, 12.3% is produced from Hydro Energy & 1.8% is produced from Nuclear Energy. In order to match the ever-increasing demand of the market, power production is increasing every passing day. India's electricity consumption has increased by approximately 2 folds in the last decade from 199,877 MW at the end of the 11th Five-Year Plan (2012) to 373,029 MW in 2020. Sustainable development is very necessary for an industry that operates 24/7. To fulfill the demand of the market it is necessary to keep the machinery healthy and for healthy machinery selection of t...