The Manufacturers’ Dilemma

The installed manufacturing capacity of transformers today is far higher than the demand, which results in stiff competition.
Anindya Basu, VP, Transformers (India), CG
  Anindya Basu, Vice President, Transformers (India), CG believes that there are combination of factors that led surplus in the power. While commenting on the same he says, “In simple terms, power supply surplus means generation outperforming demand. This could be because of a combination of various factors, including huge capacity addition of clean and green energy in terms of solar and wind, at the same time, slack of demand itself due to lack of industrial output.” The utility electricity sector in India had an installed capacity of 305.55 GW as of 31st August with renewable power plants constituting 28 per cent of total installed capacity.  “The industry is hoping for a revival in the second half of this fiscal, which could lead to increase in demand, in addition to increase in domestic power consumption,  due to the ‘Power for All’ by March 2019 scheme by the Indian government,” he adds. 
Green energy is a game changer According to Basu, the game changer for this transformation is the focus on green energy by the Indian government which resulted in huge investment and substantial capacity addition in quick time.  The lower cost of the Photo Voltaic (PV) cells made generation affordable, which resulted in the development of huge solar parks in the southern and western parts of the country. “In addition, development in wind energy, has completely transformed the power generation norms of this country,” he states.

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