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Home » Electrotherm gears up to meet growing transformer demand

Electrotherm gears up to meet growing transformer demand

May 5, 2016 1:30 pm

EPR (Electrical & Power Review) | EPR Magazine
.

The Indian industry is performing at its peak. Good jerks in export orders have been an added advantage to the overall domestic industry growth this year.Sanjib Mitra, Country Head – Sales and Marketing (Transformers and CSS), Electrotherm (India) Ltd.
The Indian industry is going through a tremendous growth. The ‘Make in India’ drive has played a vital role to bring forth a large milestone in Indian industrial environment. The gap in demand-supply chain is slowly increasing in Indian power scenario due to vast industrialisation and capacity augmentation projects. Overall industry has grown on an average rate of 7 to 8 per cent CAGR. The grid is also getting strengthened day by day to have a more stable power supply to cater to this heavy demand of core industries. Lot of new substations has been commissioned in this year to connect various industrial parks and SEZs.
Commenting on the performance of transformer industry during the past one year Sanjib Mitra, Country Head – Sales and Marketing (Transformers and CSS), Electrotherm (India) said, “The Indian industry is performing at its peak. Good jerks in export orders have been an added advantage to the overall domestic industry growth this year.”
The government has also taken few initiatives to cut down T&D losses by making the transformer industry more disciplined to manufacture transformers with prime core resulting in lowering T&D losses. In fact recent BIS stipulation has opened a new avenue for transformer industry whereby the manufacturers have started manufacturing transformers as per new IS mainly in power distribution network, believes Mitra.
Ahmedabad-based Electrotherm (India) Ltd is in to the business of manufacturing furnace transformers, oil-cooled transformers, and special duty transformers. Also, the company’s renewable division is engaged into solar water heating system, solar process heating, air-conditioning systems and large as well as utility scale concentrated solar power plants. Electrotherm sees great opportunities in this domain.
“A huge success in fast growth of solar power generation, a dream project of Prime Minister Narendra Modi of minimum 1 GW capacity addition per year from renewable resources has been the ultimate drive for the power generation segment both in off grid and grid connected segments,” says Mitra.
Positive outlookAccording to Mitra, the FY 2016-17 is going to be stable in terms of growth with an expected CAGR of around 8 per cent. However, he believes, solar power will be the main drive.
Out of total additional generation target of 175 GW by 2022, solar power is expected to touch 100 GW. The Ministry of Power has promised to provide electricity to 20,000 villages under Deendayal Upadhyaya Gram Jyoti Yojona. The Government of Odhisa has planned for an investment of ` 6,500 crores for 1 GW solar power under public-private partnership.
The initiative taken by Union Cabinet for the revival of DISCOMs for the accessible, affordable and available power will surely boost the overall power scenario in the country. In this context, Mitra further adds, “Power sector is the key growth lever for the country and transformer being the basic kit for step up and step down of power will play the biggest role in T&D projects. There will be sufficient growth in power generation and T&D network which will result a huge demand of transformers.”   
Growth driversSharing his outlook on the major growth drivers for transformers during 2016-17, Mitra said, “Solar segment is going to be the key growth driver across all power generation segment followed by stable growth in process industries, metals, textile, food and other industries. There will be a huge demand from discoms as well.”  
Future roadmapTalking on the preparedness of his company, Mitra said that Electrotherm is fully geared up to take the challenge to cope up with the increasing demand and more numbers of repeat orders. He further informed, “We have already increased our capacity of the existing plant. We are confident that based upon our industrial footprints and a profound history of  supplying reliable transformers in process industries and power generation and distribution segments, we will be able to grow in the same swing with market.”
Contact:Electrotherm (India) Ltd.Survey No.72, Palodia, (via Thaltej)Ahmedabad – 382 115, GujaratE-mail : mkt@electrotherm.com / tinfo@electrotherm.com

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Electrotherm gears up to meet growing transformer demand

May 5, 2016 1:30 pm

EPR (Electrical & Power Review) | EPR Magazine
.

The Indian industry is performing at its peak. Good jerks in export orders have been an added advantage to the overall domestic industry growth this year.Sanjib Mitra, Country Head – Sales and Marketing (Transformers and CSS), Electrotherm (India) Ltd.
The Indian industry is going through a tremendous growth. The ‘Make in India’ drive has played a vital role to bring forth a large milestone in Indian industrial environment. The gap in demand-supply chain is slowly increasing in Indian power scenario due to vast industrialisation and capacity augmentation projects. Overall industry has grown on an average rate of 7 to 8 per cent CAGR. The grid is also getting strengthened day by day to have a more stable power supply to cater to this heavy demand of core industries. Lot of new substations has been commissioned in this year to connect various industrial parks and SEZs.
Commenting on the performance of transformer industry during the past one year Sanjib Mitra, Country Head – Sales and Marketing (Transformers and CSS), Electrotherm (India) said, “The Indian industry is performing at its peak. Good jerks in export orders have been an added advantage to the overall domestic industry growth this year.”
The government has also taken few initiatives to cut down T&D losses by making the transformer industry more disciplined to manufacture transformers with prime core resulting in lowering T&D losses. In fact recent BIS stipulation has opened a new avenue for transformer industry whereby the manufacturers have started manufacturing transformers as per new IS mainly in power distribution network, believes Mitra.
Ahmedabad-based Electrotherm (India) Ltd is in to the business of manufacturing furnace transformers, oil-cooled transformers, and special duty transformers. Also, the company’s renewable division is engaged into solar water heating system, solar process heating, air-conditioning systems and large as well as utility scale concentrated solar power plants. Electrotherm sees great opportunities in this domain.
“A huge success in fast growth of solar power generation, a dream project of Prime Minister Narendra Modi of minimum 1 GW capacity addition per year from renewable resources has been the ultimate drive for the power generation segment both in off grid and grid connected segments,” says Mitra.
Positive outlookAccording to Mitra, the FY 2016-17 is going to be stable in terms of growth with an expected CAGR of around 8 per cent. However, he believes, solar power will be the main drive.
Out of total additional generation target of 175 GW by 2022, solar power is expected to touch 100 GW. The Ministry of Power has promised to provide electricity to 20,000 villages under Deendayal Upadhyaya Gram Jyoti Yojona. The Government of Odhisa has planned for an investment of ` 6,500 crores for 1 GW solar power under public-private partnership.
The initiative taken by Union Cabinet for the revival of DISCOMs for the accessible, affordable and available power will surely boost the overall power scenario in the country. In this context, Mitra further adds, “Power sector is the key growth lever for the country and transformer being the basic kit for step up and step down of power will play the biggest role in T&D projects. There will be sufficient growth in power generation and T&D network which will result a huge demand of transformers.”   
Growth driversSharing his outlook on the major growth drivers for transformers during 2016-17, Mitra said, “Solar segment is going to be the key growth driver across all power generation segment followed by stable growth in process industries, metals, textile, food and other industries. There will be a huge demand from discoms as well.”  
Future roadmapTalking on the preparedness of his company, Mitra said that Electrotherm is fully geared up to take the challenge to cope up with the increasing demand and more numbers of repeat orders. He further informed, “We have already increased our capacity of the existing plant. We are confident that based upon our industrial footprints and a profound history of  supplying reliable transformers in process industries and power generation and distribution segments, we will be able to grow in the same swing with market.”
Contact:Electrotherm (India) Ltd.Survey No.72, Palodia, (via Thaltej)Ahmedabad – 382 115, GujaratE-mail : mkt@electrotherm.com / tinfo@electrotherm.com

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