Power Today in association with Feedback Infra lists top 20 companies in the Power sector
We at Power Today have recognised the players who have been responsible for transforming the dynamics of the power sector, in our annual endeavour, the Power 20:20 list. This is a compilation of the best and the brightest of the power industry.
Feedback Infra, a leading professional and technical services company in the infrastructure sector in India, readily agreed to partner us in researching and profiling the companies and the personalities on various parameters. Company information is not always easy to come by, and Feedback Infra´s efforts at collecting and reporting the data is therefore commendable. The research is limited to the information available in the public domain and to the sources of data available.
For the highest-growth in the ¨power generation¨ category (public and private)--hydro, thermal and renewable--data collection was based on the capacity or the capacity addition in terms of MW done by the respective firms.
For the highest ¨installed capacity¨ category, data collection was simple, as only two private players were competing against each other, but only one managed to make inroads into the Power 20:20. In terms of highest ¨transmission network¨ category (public and private), the data was accessed from all major players and other source of public information. Surprisingly, this was the category where maximum data has been collected. Analysts believe that with emphasis on power for all, the transmission sector will soon get its pending dues.
On the contrary, although gaining access to transmission was easy, the same was not the case with distribution. It was rather difficult to gain access into State discoms. The discoms in the country are reeling under pressure, and to find the ¨best profitable discom¨ was a tough task, to say the least.
For the ¨innovative companies¨ category, data for each parameter was collected based on the industry experts´ view, knowledge portals, and other sources of public information, on innovation in management, operational processes, adoption of new technology, risk-taking, and adoption of new financing.
Ironically, in the best selling ¨power equipment company¨ category--generation, T&D, renewable--one should appreciate those companies who despite a difficult business environment, managed to post healthy financial numbers, order book and increase in market share for FY14.
Meanwhile, to make this exercise simple, we considered Profit after Tax as the measure for arriving at the results. Profit including subsidy has not been considered as profit post subsidy (planned or received) is not a reflector of performance. Further, subsidy payments may not be aligned to a financial year, which would have further distorted the numbers.
Research on organisations has been provided by Feedback Infra.
Disclaimer: Sometimes, studies and reports make for surprises, small and big. We are sure this one is no different. But the nature of research is that much of the report is a result of quantification, except, of course, where a more qualitative evaluation is needed (for example, in the ¨innovative¨ category). In that sense, no research is either complete or can hope for universal approval.
This was all about Power 20:20.
Now, let´s look at some highlights of the power sector. The sector pundits were skeptical about India´s generation target, but taking a big leap from last year, India´s power generation has increased to 6 per cent from the 4 per cent, a year earlier. On the capacity addition side, the year FY13 was much better than FY 14. The current year saw only 19,685 MW capacity addition in generation compared to 23,467 MW, a year earlier. Surprisingly, on the basis of installed capacity by ownership, private players were just short of 10,000 MW as against State generation companies. However, the same private players were much ahead of Central generation companies in terms of installed capacity, which stood at 82,715 MW in FY14. What´s more, FY14 saw addition of 16,748 ckm transmission lines and 57,330 mva substations, both falling short of the 17,107 ckm and 63,665 mva respectively added during the preceding year. The T&D feat in 2013-14 raised the total transmission capacity to 1,44,851 ckm in 220kV; 1,25,957 ckm in 400kV; 11,096 ckm in 765kV and 9,432 ckm in HVDC. The total MVA capacity at substations stood at 5,17,046 at the end of fiscal 2014.
However, even as the total power requirement in India crossed the one-trillion unit mark for the first time in 2013-14, it showed only a marginal rise over the preceding year, reflecting a stagnating industry and steeply decelerating economy. This together with a 5.6 per cent increase in ex-bus power availability resulted in a sharp decline in power deficit to 4.2 per cent during the year, which is half of the shortage in fiscal 2012-13. Peak demand-peak supply deficit also fell to 4.5 per cent, from 4.6 per cent during fiscal 2012-13 and 9 per cent two years ago.
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine
Pls invite me all auction in gujarat
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors.....
pls call +910842559230