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NHPC, a Government of India enterprise, was incorporated in the year 1975 with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects.

Power Grid Corporation of India (PGCIL) is a central PSU which was incorporated in 1989. It is a central transmission utility of India which has been consistently rated excellent by the Government of India.

Ramesh Pasarija, former Chairman, Technical Committee, Indian Diesel Engine Manufacturers Association feels that an increase in the battery life will be a major challenge for diesel gensets.

Antti Kami, Vice President, Engine Power Plants, WSrtsilS states that instead of curtailing solar and investing in new coal plants, the focus needs to be shifted on the efficiency of old coal plant and renewables.

Rajesh Kumar Mediratta, Director Business Development, Indian Energy Exchange (IEX) expects an over two-fold increase in the electricity trades in India. The revival in the industrial demand, expansion in renewable energy generation, shift to short-term PPAs, cross-border deals with, especially the SAARC member countries and the evolution of electric mobility are among the key factors that will spur the demand.

The wind sector, in the last two years, has not seen much traction due to various reasons. And because of the recent cancellation of auctions in various states, the year will pass with a no-show from the sector that had earlier added 34 GW of capacity.

Simarpreet Singh, Director, Strategy, Hartek Group is of the opinion that the refinancing or the bond opportunity in the power sector in view of 14,000 circuit km of the Inter-State Transmission System (ISTS) present a Rs 300 billion refinancing opportunity for the bond market over the next four years.

As an initiative of Schindler India’s corporate social responsibility programme Fulfill Futures, Schindler India inaugurated a newly developed computer lab at ITI Uran, Raigad.