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TATA Power Generation Capacity Increased by 9 per cent

India: TATA power recently announced that its generation capacity has increased by around 9 percent in first quarter of current fiscal year against the previous corresponding period. The company along with its subsidies has now total generation capacity of 9432 MW. The rise has resulted from commissioning of 44 MW wind farm project in Lahori, MP and start of commercial operation of two wind projects in South Africa with total generation capacity of 229 MW. The company has a substantial capacity in clean energy (1996 MW) as well, thereby making it the largest integrated power company in India.

TechSci Research depicts that generation capacity addition has been planned to meet the rising demand of electricity in India. Based on demand projection of the 18th Electric Power Survey (EPS), generation capacity addition target of 88,537 MW has been planned from conventional sources on All-India basis during 12th Five Year Plan.  Government focus on adding more capacity in power generation from conventional and renewables source will boost the demand for the power equipment related companies such as ABB, Siemens, BHEL & Alstom T&D. To meet the target, TechSci Research has projected that Power and Distribution Transformers companies will need to enhance their manufacturing capacity.

According to released report of TechSci Research India Power and Distribution Transformers Market Forecast & Opportunities, 2020”, the power and distribution transformers market in India is projected to grow at a CAGR of over 10% till 2020. Power transformers contribute a major portion in overall market revenues due to their higher price points. Under the 12thfive year plan (2012-2017), Indian government allocated USD 200 billion for strengthening the country’s power generation, transmission and distribution sector.

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