Interviews

The government recognises that electricity is one of the key drivers for economic growth and poverty alleviation. Today only about one third of the households has access to electricity.

Earlier there was Mega Power Policy where you could have benefits of duty exemption for large sized Hydro Power plant. Such policy should be retained till appropriate technology for a certain capacitys hydro power projects are available in India under Make In India concept.

The key issues hydropower sector faces are delays in clearance and approval procedures, R And R and land acquisition issues, infrastructure availability in remote areas, inadequate incentives and capacity of developers

I think I would say more than young or old, it is the kind of projects that make the difference. If you take the governments the key projects, be it smart city, power to everyone by 2020, housing for everyone, the whole focus is on infrastructure.

We are extremely strong in smart grid. It is something which is not understood, and therefore, you may have 100 definitions of smart grid. Indias transmission grid is the smartest in the world. This is the single largest synchronised grid of the world of 290,000 MW.

With the new initiatives being taken by the Government, it is expected that the sector will see phenomenal growth. The power sector needs a specialised underwriting knowledge because of some peculiarities associated with it

Basically, all markets are the same, with a few exceptions. Many markets are based on the specifications and based on the bidding, then some rules are set, otherwise there is no big difference.

Talking about the unique projects the company handles in precision engineering, Kaustubh Shukla, Chief Operating Officer, Industrial Products Group, Godrej & Boyce, discusses with POWER TODAY how they will introduce advanced processes in RE

The industry is in a bad shape at present. The demand for agriculture pumps has fallen by about 30 per cent this year. This is mainly due to monsoon playing truant and even as some places have experienced rains, mostly they were unseasonal, inflicting heavy losses on farmers.