Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), received order for 147 units of its MGS Series gensets, from Indonesian state-owned electricity provider, PT PLN (Persero).

In its new report, titled ‘India 5-30 Hp Diesel Engine Market (2018–2023)’, 6Wresearch estimates that this market is expected to witness substantial growth primarily due to high utilisation in agricultural and commercial sector. Vehicles, diesel pump and mini farm equipment such as tractor and power tiller remains the key revenue generating segments in 5-30 Hp diesel engine market.

6Wresearch in its recently published report titled “Middle East Diesel Genset Market (2017–2023)”, estimates that continuous development of mega projects such as Dahiyat Al Fursan New City (Saudi Arabia), Al Maktoum International Airport expansion (UAE) and Lusail City (Qatar) are driving the demand for diesel genset in the construction industry in Middle East region.

With increase in share of renewables in the distribution system, it has become indispensable to incorporate large scale integration of energy storage, which gives flexibility to quickly ramp up supply in case the need arises.

The development in the introduced limit in India is driven by monetary impetuses given by the administration. These are required to drive the Indian utility-scale PV development from 35 MW in 2010 to a combined limit of 627.2 MW by 2015.

In its recently published report, ‘India Diesel Genset Market (2018-2023)’, 6Wresearch has analysed India’s diesel genset (DG) market, which is expected to witness sound growth owing to expansion of infrastructure, establishment of new industries and changing business environment in the country.

We first came to India and participated in round table discussions arranged by the Swedish Energy Association, Sweden and CII, India in 2013 and 2014, in Hyderabad and Delhi respectively

Power is one of the most critical components of infrastructure and is crucial for both economic growth and welfare of the nation. India's power sector is one of the most diversified in the world, with an investment potential of `15 trillion ($223.67 billion) in the next four to five years.

A good sign for the country is that we are headed towards being a power surplus nation. With the government actively pursuing its stated goal of 'electrifying all of India', power should be available to any industry anywhere. That means that the captive power market is in its sunset phase. Once grid power is reliable and abundant, the demand for standby gensets will also drastically reduce.