Safety measures for critical equipment in renewables

In an interview with EPR Magazine, Kanderp Khandwala, Co-Founder, Chairman & Managing Director, Axis Electrical Components India Pvt. Ltd. explains the market scenario of renewable energy sector in India and the safety solutions from the company for the renewables sector.

What are your views on the renewable energy growth trend in India?

This is the future of power generation in India as they are clean, green and add no biohazards to the environment. India is planning to add approx. 20 GW per year in power generation through renewable sources and the plan is to increase the renewable energy year on year and take a substantial percentage of the total power generation. Renewable energy already contributes 25 percent to the total power generation in the country

What are your major products and solutions for power industry applications?

Axis primarily focuses on the protection side of the renewable energy which basically consists of earthing, equipotential bonding, lightning protection system and surge protection measures. These products ensure the longevity of the projects by protecting the assets from any electrical surges or lightning strikes.

How are these products suitable for renewable power applications, in solar and wind power?

The systems and products will allow the lightning and switching surges grounded effectively which will protect the critical system components from damages and surges and also help effective functioning of the system with the down time due to lightning reduced substantially.

What are the safety features associated with these products?

What is the demand outlook? These products actually are the safety measures of the renewable energy segments protecting critical equipment and ensure safe and steady working of the system and power generation. As quoted by IBEF, Indian renewable energy sector is the fourth most attractive renewable energy market in the world. India was ranked fifth in wind power. Installed renewable power generation capacity has gained pace over the past few years, posting a CAGR of 17 percent between FY16-20. This will continue to grow further aggressively.