Cover Story | October 2018
Most innovative power distribution company (private sector) - Torrent Power
Torrent Power is one of the leading brands in the Indian power sector, promoted by the Torrent Group. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission and distribution. Torrent ranks amongst the best-run power utilities in the country with highly efficient generation assets. It has a portfolio of coal-based, gas-based and renewable power plants with an aggregate generation capacity of 3,600 MW. It also has under-construction wind power plants aggregating to 1,111 MW. The gas-based plants of the company possess greater environmental value with state-of-the-art technology and in-built efficiency enhancing design features.
<p>The company distributes power to over 3 million customers annually in its distribution areas of Ahmedabad, Gandhinagar, Surat and Dahej SEZ (Gujarat), in Bhiwandi (Maharashtra) and in Agra (Uttar Pradesh). The T&D loss in license areas of the company is amongst the lowest in the country. The company offers highly personalised and innovative customer services that incorporate various convenience features.</p>
<p>From establishing a prominent presence in the generation sector through thermal and renewable generation to creating a link to the distribution utilities through an effective transmission network to reaching the end consumer with uninterrupted power supply and 24X7 customer care initiatives through its distribution network, Torrent Power has proven its mettle as an integrated power utility.</p>
<p>Innovation and excellence is a way of the life at Torrent Power. Deviating from the generally trodden path, Torrent Power has been innovating the way gas-based power plants are operated and maintained by implementing several improvement initiatives beyond OEM's guidelines, leading to enhanced reliability, availability and efficiency of the plants. During FY18, the company's SUGEN Mega Power Plant reached 50,000 operating hours and completed a major overhaul of its units during the year in a path breaking timeline of average 20 days per unit. It was significantly lower as prescribed by OEM. This was possible by meticulous planning of all resources risk assessment and perfection in execution. </p>
<p>Post overhaul, the plant's performance parameters, in terms of capacity (up average 2.7 per cent) and station heat rate, have improved considerably beyond the guarantee provided by the OEM, resulting in a long-term commercial benefits to the company. The company continued to substantially improve the network and reduce Aggregate Technical & Commercial (AT&C) losses in Bhiwandi and Agra. The AT&C losses reduced from 22.22 per cent in FY 2016-17 to 17.28 per cent in FY 2017-18 in Bhiwandi and from 26.78 per cent in FY 2016-17 to 20.89 per cent in FY 2017-18 in Agra.</p>