With its large and increasing population and wealth, India is currently producing some 55 million tonnes of solid waste and a further 38 billion litres of sewage each year, excluding industrial wastes, making it ripe for waste to energy technologies to develop rapidly, according to a recent report.
The research report - India Urban And Industrial Waste to Energy Market - published by market research company, KuicK Research, claimed that with the enormous energy potential currently being discarded, Waste to Energy technologies are bound to take off.
According to the researchers urban and industrial waste is expected to increase as the development increases and villages become towns and cities.
The report added that India has the requisite raw material, capital and technology to develop a highly profitable waste to energy market and is rapidly increasing its generation potential.
Grid connected waste to energy capacity was said to have crossed the 70 MW mark in 2011, while the non grid connected generation is at 90 MW and rising.
The analysts said that India is looking at a future in which domestic and international businesses will soon enter the waste energy market. They also cited government initiatives ensure that huge potential is tapped properly while keeping it in sustainable measures.
The report also gave an insight into the government policies for waste to energy formulated by the Ministry of Environment and Forests as the Municipal Solid Waste rules in 2000.
Waste energy in India comes under the direct control of Ministry of New and Renewable Energy in India.
