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Increasing offshore oil & gas exploration activities, growing mining sector and large scale investments in the expansion of railways network and infrastructure development are the major factors that would drive the market of e-house across the globe.

In analysing the grid failure of 2012, it was observed that overloading and consequent tripping of 220 kV system had pushed the system to the edge. As is the case with most system failures, no single factor was responsible for the grid disturbance.

The scheme aiming to turn around ailing power distribution companies (discoms) in the country, Ujwal DISCOM Assurance Yojana (UDAY), has been successful in ironing out some of the edges in their operation and show a direction for regaining their financial health.

Our outlook for the power sector is positive, as in the long run as electricity remains essential to our life. The demand for power will continue to grow at 6-7 per cent and old capacities will be decommissioned. Additionally, the renewable sector, grid strengthening and growth of smart grids will keep the sector busy in the coming years.

We are offering a complete range of electric cables - i.e. LV power and control cables, high voltage cables and also extra high voltage cables of up to 220 kV grade. We are also undertaking turnkey EHV cabling projects.

Furthermore, high cost of internet of things devices and software is one of the major reasons which are hampering the growth of IoT in energy sector. The global IoT in energy market reached $6.8 billion in 2015 and the market is expected to reach $26.5 billion by 2023. Further the market is projected to register a CAGR of 15.5 per cent during the forecast period 2016-2023 globally. The IoT comprises devices and software that enable connectivity and exchange of information.

Just think of power going off while an important surgery is taking place in a hospital and it will not get back for a day or two. The kind of disruption an electricity blackout arising from grid collapse can cause is enormous for different people at various places. Grid collapse is the worst-case scenario for any transmission utility too.

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.