Interviews

A&M has established a world class professional services practice in India including turnaround and performance improvement services to private equity firms and their portfolio companies and to lenders on their stressed asset portfolio.

Renewable energy projects are a part of sectors eligible for funding from IIFCL and we have so far made gross sanctions of about Rs 4,000 crore to renewable energy projects which include solar, wind small and large hydro projects.

ABB has maintained that this is a very tough market environment. We don´t see new projects happening as the government is slowly dealing with land and coal issues. But, we are cautiously optimistic for this year and are here to take this new upturn in the economy and the power sector.

The asset-specific bonds, that we have issued recently is indeed an innovative way to re-finance projects. Most importantly, this bond has been issued after completion of the project.

Skipper Limited is amongst the world´s top 10 largest manufacturers of T&D products. Our products include transmission towers up to 1,200 KV including fasteners and accessories, distribution line poles and monopoles.

The government has favourably prioritized the renewable energy industry, keeping in view India´s generation potential

As far as CSP is concerned, we have the proposals for the two pilot projects of 50 MW each. The Asian Development Bank (ADB), is likely to fund these projects. So at present, these are the only two CSP projects in the pipeline with us.

Our motto is ´do not panic´. This is not the first time that we have experienced such a situation. In 2009, when the barrel fell to $35, we chose to continue our strategy, to continue to hire and to give the company future prospects.

There are some exciting critical developments in wind turbine technology that are very relevant in Indian conditions. The first is installing a wind turbine that is designed to suit India´s low wind speed conditions.