Products & Equipment

India has taken a big leap in energy efficiency, with significant improvement in both supply-side and demand-side management in the past five years; the challenge now is to increase storage capacity and reduce T&D losses, says Renjini Liza Varghese.

With the economy growing at over 7 per cent, the need for power will continue to grow. We see the genset market growing at a compounded annual growth rate (CAGR) of over 6 per cent in the medium term (3v5 years).

The growth of DG sets would be driven by higher volumes in the mid- or high-horse power (HP) segment with the revival of key markets such as infrastructure, commercial and manufacturing.

Our research and development (R&D) teams are constantly working towards designing and developing integrated solutions focused on the smart energy efficient products catering to the Smart Cities initiative by the government.

The power sector of the country has witnessed a considerable change and evolution in the last two decades owing to several policy and regulatory measures.

Electricity forms an integral part of the utilities which currently contribute nearly 2.02 per cent to Asia's third largest economy. The nation's power sector has long been grappling with grim infrastructure and ageing transmission - woes that have debilitated the nation's economic health.

Elecrama is giving us a great platform to connect with sector thought leaders, like-minded industry professionals, potential clients and stakeholders.

Market share of unorganised manufacturer's in UPS and inverter industry is around 25-30 per cent. At times, there are quality and product life cycle support issues with such manufacturers

The gap seems to be reducing, and the pace of new technology adoption will accelerate over the next few years. However, the power pricing policy creates distortions impeding an environment where newer technologies can be implemented.