JDS aims at 50% growth annually
By EPR Magazine Editorial November 23, 2016 5:54 pm IST
By EPR Magazine Editorial November 23, 2016 5:54 pm IST
We see ourselves down the line as leading manufacturer of single and three phase distribution transformers maintaining an average growth rate of 50 per cent annually.
Jyotindra Patel, Chairman, JDS Group of Companies
JDS Group started its base of operation in Nagpur in the year 1989, since then it has grown in leaps and bounds, it has expanded its operation to Boregaon, Madhya Pradesh and it now cater to clients in 32 different countries, major thermal power stations and power transmission and distribution authorities in India as well as abroad. JDS Group, caters for a diverse product range ranging from voltage distribution and transmission lines suitable up to 765kV to distribution transformers of up to 2.5 MVA. The company is strategically placed in Nagpur, which gives itself advantage when it comes to procurement of raw material for its finished products and also transportation facility. Over the years, it has successfully transformed itself from being conductor manufacturer to a one stop shop in the electricity transmission and distribution sectors.
As per Jyotindra Patel, Chairman, JDS Group of companies the centre should not look too much into the projections made by CEA (Central Electric Authority) as the surplus situation is on account of lower demand, primarily from debt-ridden state electricity boards and the industry is in the midst of a slowdown.
“The surplus capacity is fairly modest, and will get quickly absorbed when economic growth and industrial activity pick up pace. Further, I do not think we have sufficient reserves to meet exigencies such as adverse weather conditions or plant failure. I think it is important to test the surplus under more stringent conditions of growth and reliability,” he remarks.Power deficit in the country has been going down in the past couple of years due to steep rise in fresh generation capacity addition. In the last three years, India has added in excess of 20,000MW of new generation capacity, a feat that has taken the country’s overall installed capacity to over 30,0000MW by the end of May.
Patel informed that the energy deficit fell to 2.1 per cent in FY16 and recorded a low of 1 per cent in May. But with infrastructure and manufacturing push and improvement in overall growth numbers, power demand is expected to surge again, putting pressure on the current comfortable position on supplies.
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