Indian Power Transformer Industry 2016: AN ANALYTICAL REPORT

Here, a small and humble effort is taken to list out the most important players, aspects and comparisons of major players of Indian Transformer Industry. Presentation is the major aspect that is taken in to consideration rather than just listing out various aspects of Transformer Industry. This book will come handy for those who are dealing with Transformers and especially Power Transformers. An attempt is made here to make the complicated scenario that exists in Indian Transformer Industry simple and understandable to everyone. This book will come handy for those engineering and research students / professionals who are looking for data on Indian Power Transformer Industry. Businessmen and professionals will definitely value this work to derive various aspects and data of the Industry for a primary analysis.

Indian Power transformer Market has witnessed Compounded Annual Growth Rate (CAGR) of 8% in the past 5 years. Power Sector was severely impacted due to non-availability of coal and banks’ exposure to power segment became bad which stalled further lending to this segment.
With elections having given a clear mandate to the new government, there is increased optimism as the new government is likely to give more priority to power and infrastructure sector. The most reassuring development, however, is the fact that the new Finance Ministry would draw up a blockbuster reform agenda in freeing up the Finance Sector and Engineering, a revival which is expected to put the country back on high -growth trajectory.
Utilities both at State and Central level are strengthening and modernizing their T&D infrastructure to transmit this additional generation and trying to build a more robust grid. Thus, it creates opportunities for the year 2014-15 and beyond.
Financial Restructuring Plan (FRP) to help the SEBs to restructure their financial debts have been announced. 11 major SEBs have agreed, in principle, to go for FRP in 2014-15. SEBs which need to upgrade their transmission, sub-transmission & distribution grids to cope with the additional power generation capacity are expected to move to 400 kV and 765 kV.
Supported by Govt. of India’s ambitious financial restructuring package, 4 big states, viz., of Tamil Nadu, Jharkhand, Uttar Pradesh and Rajasthan have proposed to strengthen their grid infrastructure while several others have shown willingness to join.
The crying need is to strengthen DISCOM finances. If DISCOM gets financially strong, they can buy more power to push up demand, the Plant Load Factor improves as well the profit margins.
Against this backdrop, things are expected to look up in the second half of the current year – 2014-15, and most certainly business environments and prospects will vastly improve in the 4th (2015-16) and terminal year (2016-17) of the current 5 Year Plan.