Interviews

The key issues hydropower sector faces are delays in clearance and approval procedures, R And R and land acquisition issues, infrastructure availability in remote areas, inadequate incentives and capacity of developers

I think I would say more than young or old, it is the kind of projects that make the difference. If you take the governments the key projects, be it smart city, power to everyone by 2020, housing for everyone, the whole focus is on infrastructure.

We are extremely strong in smart grid. It is something which is not understood, and therefore, you may have 100 definitions of smart grid. Indias transmission grid is the smartest in the world. This is the single largest synchronised grid of the world of 290,000 MW.

Basically, all markets are the same, with a few exceptions. Many markets are based on the specifications and based on the bidding, then some rules are set, otherwise there is no big difference.

With the new initiatives being taken by the Government, it is expected that the sector will see phenomenal growth. The power sector needs a specialised underwriting knowledge because of some peculiarities associated with it

Talking about the unique projects the company handles in precision engineering, Kaustubh Shukla, Chief Operating Officer, Industrial Products Group, Godrej & Boyce, discusses with POWER TODAY how they will introduce advanced processes in RE

The industry is in a bad shape at present. The demand for agriculture pumps has fallen by about 30 per cent this year. This is mainly due to monsoon playing truant and even as some places have experienced rains, mostly they were unseasonal, inflicting heavy losses on farmers.

Indigenous supplies by Multinationals/ local players in India cater to 90 per cent of the pumps and valves requirement of Indian customers. Multinational companies keep bringing in newer technologies/ designs for local manufacture and take care of the advanced needs of the customers.

Today the energy needs of the country are majorly met by burning fossil fuel. More than ever, there is a need of capacity building by means that can provide long term clean, green, cheap source of power.