Why coal cannot be the king forever?
Recent reports-global and India specifics-suggests that coal is losing its 'black gold glitter.' To set the records straight, India, in the last four years, has not awarded a single thermal power project. This shows the rise of renewable energy.
Making power sector more Eco-friendly
Ashok Sethi, COO & Executive Director, Tata Power, discusses how the Indian power sector being one of the prime sources of pollution, is presently going through a major transformation to ensure reduction in emissions.
Electrical equipment industry grows 4.25 per cent in FY2016-17| IEEMA
The electrical and industrial electronics industry has witnessed a 4.25 per cent growth in FY2016-17, over the previous year. The industry exported Rs 38,580 crore ($6 billion) worth of electrical equipment in 2015-16 (Rs 35,276 crore April to February in 2016-17 - $5.25 bn).
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.
Not exactly an “Electrifying” Budget
Our power sector is not exactly firing on all cylinders. The bedrock of this sector, our thermal power plants, which anyway employ most workmen and host most investments, are doing rather badly, reflected in year-to-date plant load factor of only 59 per cent - the lowest in 10 years!
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.
Less Cash - an Euphemism for Cashless!
The whole thing started out on the basic premise of corruption and black money. At least, that is what the hoi polloi were made to believe. Somewhere along the line, the crusade against black money has morphed into a rather arcane campaign for promoting a cashless economy.