We intend to cater to domestic and international power market

Going global is one thing, but focusing on the domestic market is equally important. “Therefore, I think the surplus energy generation available is enabling the distribution market and companies like ours to keep innovating for efficient power distribution,” says Atul Bapat, CEO of Sukrut Electric.

Sukrut’s participation and focus at ELECRAMA?

ELECRAMA 2023 was positive for us as it happened in India after three years. It allowed the electrical industry to meet its existing stakeholders and new customers and expand its service outreach.

We focused on Indian distribution transformers and launched a new product line that includes a Buchholz Relay oil level indicator, Buchholz Relay and pressure relief device for distribution transformers. It normally targets all transformer manufacturers with capacities ranging from 1-2 MVA to 20 MVA Transformers. We have recently changed our products to make them competitive.

How do you evaluate the need to address the need for safety in this sector?

Sukrut was founded in 1967, making us a pioneer in this industry. We are exceptional because we offer a comprehensive product line, ranging from air cells for the transformer industry to pressure relief devices and oil level indicators. We also offer support to the transformer sector. We want to provide our clients with a bundle that satisfies their transformer requirements.

What are this industry’s key challenges, especially with the demand and maintenance aspects?

Every industry needs safety devices, technologies, and tools. A power outage will result from any equipment malfunction. Sukrut assists people and organisations in preventing such accidents by setting precautionary measures into effect well in advance. This aids in our analysis of market demands. Also, the steadily growing population opens up vast economic opportunities for us in the electricity sector.

What are this industry’s key challenges, especially with the demand and maintenance aspects?

There are a couple of challenges in this industry. Payment recovery is one of the most critical challenges we face. The investments are heavily made, but the recovery remains negative. It’s a national concern as even the DISCOMs’ debt burden is increasing due to non-payment issues, which further delay the power company’s payments to OEMs and OEMs’ payments to us. The payments are usually due within 45 days, but that’s only happening after 120 days.

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What measures do you suggest to increase awareness about this?

It is critical to raise awareness. We are pleased to report that utilities have approached Sukrut for information and training on this topic, and we have explained the need for proper maintenance to them.

What is your outlook on this transformation towards green energy and sustainable energy?

India’s transition to green energy and sustainability We believe that, like EVs and smart power, a smart transformer will improve a transformer’s performance efficiency. Sukrut must likewise be prepared to follow suit. As a result, we must develop communication products. As a result, we must communicate with the user through our products, and that’s the future.

How is Sukrut planning to add value to India’s journey towards smart electricity?

Exactly, through our innovative products and solutions. We are planning to get an oil level indicator with 4 to 20 milliamps output. Our OTI WTI is already present.

What opportunities does the recent budget offer your businesses?

In general, the Indian government is investing heavily in Indian infrastructure. We are all aware that when it comes to infrastructure, we require everything, including highways and the power sector, which necessitates the purchase of additional transformers and accessories. We must match international countries in terms of infrastructure.

For more details visit: https://www.sukrutelectric.com/