Neeraj Nanda, President-South Asia (T&D, Solar), KEC International speaks to INFRASTRUCTURE TODAY in length about the potentials in India's transmission sector. He also advices DISCOMs to enhance their willingness and preparedness to adopt and drive renewable energy.
Ashish Mithani, Chief Executive Officer and Whole-time Director, KP Energy believes that if the pace of the bids is well-maintained as publicly promised by the government, then in 2020, there would be a continuous addition of 6 GW to 9 GW of wind projects every year.
Despite price sensitivity of the Indian market remaining a major challenge, Conrad Latham, General Manager, Atlas Copco Compressor Technique, India cites that to be competitive in India, the global players are willing to pay for the value of options that are normally associated with improved energy efficiencies like variable speed drive compressors, permanent magnetic motors, cost-effective adsorption dryers or even higher IE-rated motors.
Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).