India to be a global hub of superior LED products
With the country's overall lighting market valued at Rs 100 billion currently, there is ample room for further growth in the LED segment, says Rakesh Zutshi, President, Electric Lamp and Component Manufacturers' Association of India (ELCOMA) & Managing Director, Halonix Technologies.
What Threatens the Indian Green Story
The country is witnessing a continuous trend of plummeting energy costs due to consistent decrease in the generation prices of renewable energy. Prices of renewables over the last few years have seen all-time lows, such as Rs 2.44 per unit of solar power and Rs 2.43 per unit of wind power in tariff-based competitive bidding.
In Need of An Overhaul
Growth of rooftop solar installations in 2018 is likely to witness a decline on the back of regulatory complexity and policy uncertainty. POWER TODAY spoke to a cross-section of experts to understand what it would take to return traction to the segment.
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.
The Stress Marks!
India's power sector is in a catch-22 situation. A sound analysis of the power sector affirms that the sector is in the ICU where 78,000 MW of projects are under stress; and approximately Rs 1,200 billion worth unviable projects and PPAs are signed for a mere 7,000 MW.
Elecrama 2018 was not merely an exhibition. It reflected the industry sentiment. Looking at the numbers- Rs 65 billion of business queries generated, footfall of around 298,000 and 1,200 exhibitors-it seems all is well with the power sector.
Waning hope for UDAY!
Although state discoms have managed to leverage UDAY by paring financial losses from Rs.51,589.51 crore in FY16 to Rs.34,826.87 in FY17, a marginal decrease in AT&C losses seems to be the bone of contention, as what has been envisaged has not been achieved yet, barring bailing-out non-performers.
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.