Loss-making discoms to be denied loans
We have already liberalised the Electricity Act and it provides for franchisees. However, the charging station is not selling electricity, but giving you a service. It is actually buying the electricity from a discom.
The future is digitalisation
Our transmission and distribution (T&D) equipment industry, in 2017, covering towers, lines and devices, is around Rs 180 billion, including exports. At an aggregate level, the industry has grown nominally at ~ 3 per cent over 2016. However, towers, conductors, insulators, in particular showed negative growth.
Powering ahead full steam
Indian electrical equipment industry, broadly classified as generation equipment and transmission and distribution (T&D) equipment, manufactures products ranging from high- technology equipment to low-technology electrical components.
Brightening up Households
Uninterrupted and quality power supply is a precursor to economic development for any country. Electricity transforms people's lives and spurs them towards a better future.
Scale up Demand, Unlock Logjam
India's power sector is undergoing structural changes with an unprecedented scale-up in renewables, Ujwal Discom Assurance Yojana (UDAY) implementation at distribution companies (discoms/SEBs), uncertainties over offtake arrangements and pressure on promoters/lenders to divest assets to avoid bankruptcy.
Sprinting on a Growth Track
The World Bank recently has put out a report in which the demand for electricity in India is growing at the same rate as in France or Germany as millions of people in rural or impoverished areas seek access to power in their homes and workplaces.
The power supply situation in India has seen a significant improvement in the past two to three years. According to reports, in the year 2011, more than 33 per cent of the rural population and 6 per cent of the country's urban population had lacked electricity.
Electrical equipment industry grows 4.25 per cent in FY2016-17| IEEMA
The electrical and industrial electronics industry has witnessed a 4.25 per cent growth in FY2016-17, over the previous year. The industry exported Rs 38,580 crore ($6 billion) worth of electrical equipment in 2015-16 (Rs 35,276 crore April to February in 2016-17 - $5.25 bn).