Transforming India

Transforming India
 
Growing economy and increasing electricity consumption are proving to be the energiser for Indian transformer industry
 
Transformer plays an important role in the reliable transmission and distribution of power -be it any industry. The quality of a transformer is based on the quality of all process which are necessary from project acquisition to project closing. The Indian transformer industry is growing at 8 per cent CAGR and it comprises primarily of power and distribution transformer manufacturers.
 
The Indian transformer industry—which comprises primarily of power and distribution transformer manufacturers—is one of the key pillars of India’s more than Rs. 1,10,000 crore power industry. Power transformers account for 70-75 per cent of the total installed capacity, while distribution transformer accounts for the remaining 20-25 per cent. Power sector will see investment of Rs. 4.7 trillion in the 12th Five-Year Plan period. The capacity of 1,00,000 MW is expected to be added during the 12th Five-Year Plan.
 
“There is huge growth opportunity for transformer industry in India,” Mahendra Diwani, Director, Arya Transformers Pvt. Ltd., said. “The size of industry is 40 per cent of electric product and our market share is less than 1 per cent and demand-supply ratio is almost balance.”
 
The 12th Five-Year Plan working group has estimated a huge requirement for additional new lines and substations under distribution. Corresponding with generation capacity addition plans, transmission and distribution have been also planned to facilitate power reaching the ultimate consumer. Total investments expected in generation segment alone will be in excess of Rs. 6 lakh crore.
 

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