energy and power

Energy is imperative both in the residential and non-residential sector. Energy holds the largest chunk in an economic and social development of a country. Rising demand for energy, volatility in oil and gas prices, and rising complicated environmental and regulatory pressure have resulted in a shift in focus towards the search of alternative sources of energy. Rising pollution levels caused due to conventional energy sources has created an uplift for green energy. The energy industry is mostly controlled by the government and utilities sector in most of the emerging economies such as Asia Pacific, Latin America and Middle East among others.

Rising demand for renewable energy, rising investments, capacity addition have changed the dynamics of the energy and power sector in the past 10 years.