No clear roadmap
The outlook for thermal power generation market is not negative as India is still hugely underserved on electricity. The current limbo is caused by a sudden addition of about 100 GW in a five year period, driven by a policy of coal block allocation i.e., a rush encouraged by the premium from fuel shortages.
Green Shoots Visible
The Indian power sector is one of the most widespread in the world. Power is one of the most crucial components of infrastructure. It is vital for economic growth.
Despite its huge potential in a largely agrarian country, biomass lacks competitiveness in India. It is also meagre in comparison with the other green energy sources.
Making India energy efficient
Energy plays a critical role in the development of any country. By the year 2030, energy demand is estimated to increase by at least 35% thus creating greater demand for solutions that reduce energy consumption
A buoyant market ahead
One of the essential components of a thermal or nuclear power plant is the cooling tower. Even in the modern age of renewable energy, solar thermal power plant requires a cooling tower application, though not in the same size and shape as that of a thermal or nuclear power station.
Animesh Damani, Managing Partner, Artha Energy Resources speaks about how renewable energy investors in the country are being squeezed because of non-payment of dues by discoms.
Strategists look for scale & operational optimisation in M&A
Strategic investors derive value by bringing in much valued technical and implementation capability. Strategists are more interested in a portfolio which gives them necessary scale and possible operational optimisation that can help them drive returns.
Impressive performance, Piyush
In the little over three years when Piyush Goyal was at the helm as the Minister of State with Independent Charge for Power, Coal and New & Renewable Energy, he has brought in a visible transformation in the complex process chain of the economically crucial power sector.
Siemens to upgrade NTPC Dadri steam power plant
Siemens Limited has commissioned India’s first condensate throttling-based Primary Frequency Control Solution at National Capital Power Station (NCPS), NTPC Dadri (Stage 2, Unit 6). Prashant Jain, Head, Power Generation Services, Siemens Limited said, “Flexible operation of the coal-fired power plants is critical for renewable energy integration into the grid.
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