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Category : Industry Trends

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Power shortages cost India $68 billion in GDP

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Transmission bottlenecks are an important reason for these shortages September 27, 2013 India loses $68 billion, or about Rs. 4,14,800 crore of its Gross Domestic Product due to electricity shortage, says a report. “There is strong correlation between power consumption and the GDP of the country. Power shortages currently cost......
Industry Trends

Praful Patel unveils Indian Electrical Equipment Industry Mission Plan 2012-2022: Base Document

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Mr. Praful Patel, Union Minister of Heavy Industries & Public Enterprises Mr. Praful Patel, Union Minister of Heavy Industries & Public Enterprises unveiled “Indian Electrical Equipment Industry Mission Plan 2012-2022: Base Document” at the 64th Annual Convention of Indian Electrical & Electronics Manufacturers’ Association (IEEMA). The electrical equipment industry faces......
Industry Trends

Why aluminium is the material of the future

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The growth of demand for aluminium in the global automotive industry is one of the most striking trends in materials today. One forecast by a US consultancy, Ducker Worldwide, is that the global use of aluminium in passenger vehicles is likely to surge by 65 per cent over this decade.......
Headlines Industry Trends

Indian Power Grid: Technology & Challenges

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Mr. I S Jha, Director (Projects), Power Grid, during the Gridtech 2013 gave the fruitful presentation enumerating on what Indian power grid is today, a glance on its growth, medium and long term plans, the emerging requirements to improve the technology in long term as well as improving the performance......
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“To become World Class, Integrated, Global Transmission Company with Dominant Leadership in Emerging Power Markets Ensuring Reliability, Safety & Economy”

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On September 19, 2012 the 23rd Annual General Meeting of Powergrid held at New Delhi, where Mr. R.N. Nayak, Chairman & Managing Director, Powergrid gave the bird eye view of the FY 2011-12 highlighting the various developments and the future plans of the company. The turnover of the company as......
Industry Trends

Indian Electrical Equipment Industry records negative growth of 2.4% in Q1 FY13 – First Time in 10 Years: IEEMA

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August 27, 2012 The Indian Electrical and Electronics Manufacturers Association (IEEMA) released the Q1 FY13 performance of the US$25 billion Indian electrical equipment industry. For the first time in 10 years, the Indian electrical equipment industry has seen a negative growth of 2.4% in the first quarter (Q1) of the......
Industry Trends

How will FDI in Power Exchanges help improve Power Supply & Distribution

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September 29, 2012 The government recently permitted foreign investment up to 49% in power trading exchanges. This included a foreign direct investment component of 26%. The move is expected to strengthen power exchanges, en hance availability of electricity and improve its distribution. Here’s how: What are Power Exchanges? Power exchanges......
Headlines Industry Trends

Indian Transmission Lines reaches 268,693 ckm

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The all India capacity of the transmission lines including High Voltage Direct Current (HVDC) at the end of XI Plan is 2,68,693 ckm. The voltage-wise details are given below:- Capacity of Transmission Lines (In ckm) As on 31.3.2012 Transmission lines are planned and implemented as a part of the evacuation......
Headlines Industry Trends

Indian Electrical Equipment Industry Growth Decelerates to 6.6% Y-o-Y in 2011-12: IEEMA

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Growth rate of the Indian electrical equipment industry has decelerated to 6.6% in 2011-12 as compared to 11.3% and 13.7% in 2009-10 and 2010-11 respectively according to data compiled by the Indian Electrical and Electronics Manufacturers’ Association (IEEMA). IEEMA has based these growth figures, after rigorous analysis, on the production......
Industry Trends

Funds for Power Sector in 12th Plan

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April 30, 2012 The Working Group on Power for formulation of the 12th Five Year Plan has estimated total fund requirement of Rs.13,72,580 crore for the power sector. The details are as under: • Generation: Rs.6,38,600 crore • Transmission: Rs.1,80,000 crore • Distribution: Rs.3,06,235 crore • Others*: Rs.2,47,745 crore • Total: Rs.13,72,580 crore Others......
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