SCC India  Coal demand will be fully met from domestic source in 5 yrs
In order to meet the coal demand in next five years, Coal India Ltd, the main coal producer, has an ambitious plan of increasing its production to one billon tonnes by FY2019-20. CIL's production is showing an increasing trend, having gone up from 494 Mt in FY15 to 554 Mt in FY17.

The country cannot do without conventional fuels
Following the Paris Agreement for environment, GoI has stopped permitting new boilers of smaller size less than 500 MW for public utility and is reluctant about giving permissions to refurbish old boilers of less than 500 MW capacity. This has affected the BTG market adversely.

We are in advanced talks with L&T, Praj and Biocon for partnerships
We opened a company called Boccard India in September. The opportunity came about when we took over the operations of Areva Bioenergy in Chennai. That gave us the means to enter the market. We have been present in the India through services and products from our companies such as the Belgium-based Meura, a leading player in the beer industry.

Growing trend is switching from long term PPAs to short term contracts
We have already seen an increase in appetite for short term power from the utilities following the financial leeway brought about by the debt restructuring. Over the long term, sustained improvement in distribution operations as envisaged under UDAY, could bring significant improvement.

DG sets are moving to more standby usage
Rapid growth in the economy has caused increase in the demand for power. Power cuts can cause a loss in business revenue and hamper functionalities. The major challenge is to provide continuous power.

Upcoming Events

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