Transition from FiT to competitive bidding is a progressive change
The wind energy sector has progressed significantly over the past decade. The installed capacity of the country has doubled in the last five years and reached a whopping 32,508 MW which is almost ~56 per cent of our installed renewable energy base.
Competitive bidding will lower procurement costs
The bids are fairly aggressive and assume most of the project risks to play out favourably. For achieving the good returns, generating PLFs of close to 35 per cent will be necessary through the life of the projects. Hence, location of the project will be very critical.
Rahul Prithiani, CRISIL Research, RPO, OEM, PLF, Solar PV Plants, APPC, Discoms, Goi, PPA, IRR
On the Cusp of Transformation
Recent initiatives have improved public awareness and attracted investors to the Waste to Energy (WtE) segment. And, having experienced a learning cycle of last two decades, India is at the cusp of major transformation in MSW processing.
Nimish Vora, Pwc, Waste To Energy, Urban Local Bodies, SWM, Municipal Solid Waste, TPD, MNRE, Swachh Bharat Mission, CAGR, DBFOT, SLF, Electricity Tariff Cheaper, Plant Load Factor, OEM
Pmi can Cater to the Indigenisation of Fabricated and Machined Components
Power Mech Industries is so oriented that it is able to provide and facilitate service to thermal and hydro power plants. The facility is also extendable to cover the 'renewable energy' sector which is likely to be the future of the nation.
Power Mech Industries, K Ajay Kumar, Heavy Fabricated, Machined Components, Coal Mills, CSP Handling Systems, Turbine Non-Critical Parts, High Pressure Valves, Pumps, Fans, FGD Units, JIT, OEM, CMM, Digitalised Metallurgy Sensing Equipment