There will be about 15 per cent rise in manpower requirement
The major concerns of the power industry are coal supplies, land acquisition, environmental clearance and project delay costs. Solutions are being dealt with or found by the government; however, some of the ways forward can be as follows:
a) CIL along with certain private miners should modernise and update their operational effectiveness
BoP the builder
A number of players in the balance of plant (BoP) sector, who had a phenomenal order intake in the past several years, are currently reeling under tremendous working capital stretch because of stuck inventory and huge receivables.
IPPs are not keen for BoP services
Prayasvin Patel, Chairman & Managing Director of Elecon Engineering Co Ltd, feels that IPPs, due to several issues involved in BoP contracts, are more inclined towards EPC.
Balance of Plant - Maintaining the Balance
There currently exist a number of gaps in execution of Balance of Plant (BoP) jobs, primarily due to lack of sufficient BoP players who can carry out the task within the stipulated timeframe and scheduled cost.
Advertise Here [300 W x 250 H pixels]