BHEL Starts Operation of its First 800 MW Supercritical Thermal Power Plant
The increasing operations of thermal power plant
will surge the demand for power and distribution transformer market in India
India: Power equipment manufacturer
company, BHEL has made a start on commercial operations of its first 800 MW unit,
supercritical thermal plant at Raichur, Karnataka. The milestone was achieved through
its first unit 2x800 MW commissioning and also the supply
and execution of 4,010 MW of coal based sets for Karnataka Power Corporation Ltd (KPCL). Apart from that BHEL is also executing KPCL’s first gas-based combined
cycle power project of 370 MW capacity at Yelahanka, Bengaluru.
TechSci
Research depicts that the increasing capacity of coal-fired power plants would
enhance 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. This,
in turn, is fueling the demand for EHV and UHV class power transformer
installations throughout the country.