Industry News

The Capacity Utilisation at Coal-Fired Power Plants Touches 60 per cent

The increasing capacity utilization at coal-fired power plants will surge the demand for Power and Distribution Transformer Market in India 

India: Capacity utilisation of coal-fired power plants has risen to 60.5 per cent in December 2016 from a low of 52 per cent in August 2016. Plants owned by states saw capacity utilisation jump of almost 18.5 per cent during the same period in 2016 against a small 5.7 per cent growth in the corresponding previous period. Capacity utilisation of coal-fired power plants had fallen during August 2016 due to increased hydroelectric supply.

TechSci Research depicts that the increasing capacity of coal-fired power plants is indeed enhancing the network of transmission lines, which would provide a big thrust to the Indian Power transmission & Distribution segment, and would pose a huge demand for Power & Distribution Transformer, as well. The transformer manufacturers in India as well as in other countries have started investing heavily towards their research and development efforts. On account of increasing penetration of Transmission Line and Substation, the Indian Power & Distribution Transformer market is expected to expand in near future.        

According to released report of TechSci Research, “Indian Power and Distribution Transformers Market Forecast and 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 US$ 200 billion for strengthening the country’s power generation, transmission and distribution sector. One of the major developments underway includes the country’s shift from 765 kV to 1200 kV power transmission.


Relevant News