Smart wiring
By EPR Magazine Editorial January 8, 2015 11:10 pm IST
By EPR Magazine Editorial January 8, 2015 11:10 pm IST
As the smart city initiative has taken the major role, power infrastructure — especially smart wiring — becomes ever more important
The smart energy management system has established itself as one of the backbones of modern power infrastructure. Optical Fibre Composite Ground Wire (OPGW) is a revolutionary solution towards achieving the smartness in smart electricity, enabling synergies between efficient power distribution grids and high-speed optical fibre-based SCADA networks.
OPGW replaces a conventional ground wire to protect the transmission system from lightning strikes, serving as a conductive medium for carrying fault currents to ground. OPGW also helps in real-time monitoring and security of the transmission system.
Lightening presence The global wire and cable market is valued at $127 billion in 2010 and is expected to increase at a 9.4 per cent CAGR to reach nearly $200 billion in 2015. More important, about 40 per cent of the entire electrical industry is composed by wire and cable industry. As the new government is focusing on ‘Make In India” as well as “100 Smart Cities”, the industry can grow at a CAGR of 15 per cent for the next 5 years.
Driving growthThe new government, led by PM Narendra Modi, has decided to support the development of 100 smart cities in the country. According to the high power expert committee (HPEC) on investment estimates in urban infrastructure has assessed a per capita investment cost of Rs 43,386 for a 20-year period. Their estimates cover water supply, sewerage, sanitation and transportation.
All these investment opportunities have opened up the wire and cable industry. Even the growth potential in the telecom sector as well as the various policy pronouncements by the government towards bringing about improved digital connectivity has added advantage to the industry.
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