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Following the Paris Agreement for environment, GoI has stopped permitting new boilers of smaller size less than 500 MW for public utility and is reluctant about giving permissions to refurbish old boilers of less than 500 MW capacity. This has affected the BTG market adversely.

While the government is bullish on capacity additions to meet the rising energy demand, the focus is clearly shifting from thermal to renewable energy. On one hand, the government is harping on the excessive capacity addition during the 12th Plan Period, on the other, it is taking a giant leap in building renewable energy capacity.

The stagnant state of industrial output has resulted in lower demand for electricity. From the inactive state, when the economy starts picking up, it is expected that there would be a demand surge in the long term.

The Indian pump industry is growing at an annual CAGR of ~10 per cent - which is higher than the international CAGR average of ~6 per cent - due to the surge in infrastructure development, growth in agriculture and other water intensive industries.

With the implementation of the norms introduced by BEE, significant amount of standardisation has been brought in place. This has eliminated sub-standard products having lower efficiencies. It is indeed a good step for Indian companies eyeing expansion in the global market.

To meet the growing power demand in India, resource generation capacities are being enhanced continuously and while coal based thermal power plants are still the main sources of generating electricity, wind and solar generating capacity have increased many folds over the past few years.

Public utilities have played a significant role in India´s growth story. Be it garnering wealth for the nation, ensuring planned development, contributing to public exchequer, working towards sustainability and social empowerment or initialising corporate governance, they have always been in the forefront. Here, we look at the power sector PSUs and their contribution to the country.

While India is making steady headway on the transmission front and the sector has witnessed commendable growth over the last few years with substantial capacity additions, the distribution or last mile connectivity is still a concern in India.