The growth of decentralised renewable energy and the increased dependency on battery storage are the two new challenges the diesel gensets manufactures are facing at present.

Ramesh Pasarija, former Chairman, Technical Committee, Indian Diesel Engine Manufacturers Association feels that an increase in the battery life will be a major challenge for diesel gensets.

Antti Kami, Vice President, Engine Power Plants, WSrtsilS states that instead of curtailing solar and investing in new coal plants, the focus needs to be shifted on the efficiency of old coal plant and renewables.

The Indian power equipment industry aspires to become a $100-billion industry by 2022, and its golden days have begun with programmes like rural electrification under the Deen Dayal Upadhyay Gram Jyoti Yojna

The growth of DG sets would be driven by higher volumes in the mid- or high-horse power (HP) segment with the revival of key markets such as infrastructure, commercial and manufacturing.

With the economy growing at over 7 per cent, the need for power will continue to grow. We see the genset market growing at a compounded annual growth rate (CAGR) of over 6 per cent in the medium term (3v5 years).

The Indian diesel generator (DG) industry currently is at a very interesting point. A couple of years ago, the industry had become stagnant and not much growth was happening

Players like Sterling Generators are taking the lead and have gained foothold in the market. POWER TODAY caught up with CEO of Powergen Business, Sterling and Wilson, Sanjay Jadhav, at the company's facility in Silvassa where he talks about genset market and its importance for data centres.

6Wresearch has recently published “India Diesel Generator Rental Market (2017–2023)” report which provides in-depth analysis with 51 figures and 27 tables covered in over 130 pages