Solar bids are lacking in speed
If solar remains, then inverters are here to stay. Let us talk about the next four-year trajectory, as the government deadline for 100 GW capacity additions is 2022.
The Powernomics of GST
Finally, Goods and Services Tax (GST) has arrived on July 1, 2017, and the first batch of filing of monthly returns is underway in August 2017. Like any other changeover, GST is also facing its initial pangs.
Technology enables BoP to overcome sluggishness
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.
Green Shoots for BoP
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.
We have an order book of around Rs.3,500 cr
In India, as far as power sector is concerned, what can be a bigger opportunity than the envisaged 30,000 MW of capacity addition with 40 Super Critical thermal units in the pipeline.
India has sufficient BTG capacity for future orders
ABB has maintained that this is a very tough market environment. We don´t see new projects happening as the government is slowly dealing with land and coal issues. But, we are cautiously optimistic for this year and are here to take this new upturn in the economy and the power sector.
BHEL has over the last few years strengthened its positioning through increased localisation of super critical technologies, higher in-house value additions and increased use of initiatives like reverse auctions for vendor procurements, design optimisation efforts and modernisation of manufacturing facilities, etc.