Leaning towards cogeneration projects

“People across the globe think of CTMI as they are looking for a unique waste heat recovery solution,” exclaims Raman Roop Sawhney, Managing Director, Chola Turbo Machinery International Pvt. Ltd.
 Most of the countries are too dependent on funds, fuel and policies for their cogeneration sector development. In a conversation with EPR, Raman Roop Sawhney shares why all developing countries and emerging markets in Africa and South-East Asia are slowly reducing their dependence on oil (DG sets) and opting for standard cogeneration projects.
Growth factors for cogeneration marketGrowth of the cogeneration market is dependent on the availability and accessibility of funds and fuel, and both factors rely on policies adopted by both central and local state governments. Industry-friendly policies focusing on power infrastructure development would make cogeneration projects more feasible and attract funding. Similarly, smarter fuel planning would go a long way in making these projects run successfully for a long period of time.
Quality products and servicesToday a customer (Indian or international) has two basic expectations: quality of the product and quality of the service. When Chola Turbo Machinery International (CTMI) aims to compete with all multinational brands based on its products, which are of international standards, CTMI aspires to offer excellent services as well. This healthy competition keeps CTMI on its toes to carry out more R&D activities for development of newer products. This also forms strategic alliances with local partners around the globe to offer prompt services. In the past 3 years, CTMI has developed two new models and tied up with engineering firms from USA, Canada, Ireland and Italy.

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