India’s Power Sector
| As on As on 31.03.2021 | Target for 31.03.2022 |
|---|---|
| Installed Power Generation Capacity: Conventional : 2,87,717 MW Renewable : 94,434 MW | Installed Power Generation Capacity: 6.4 Lacs MW (RE-43%, Conventional – 57%)Addition to Power Generation: 1,87,821 MW Coal – 50,025 MW, Gas – 4,34 MW, Hydro – 15,330 MW, Nuclear – 2,800 MW Renewable Energy – 1,15,326 MW |
| AC Transmission Lines: 4,41,821 ckm HVDC: 19,087 ckm | AC Transmission Lines: 4,50,700 ckm HVDC: 19,815 ckm |
| AC Substation Transformation Capacity: 1,024,468 MVA HVDC: 28,500 MW | AC Substation Transformation Capacity: 9,79,637 MVA HVDC: 30,500 MW |
| Inter-Regional Transmission Capacity: 1,05050 MW | Inter-Regional Transmission Capacity: 1,18,050 MW |
India’s Electrical Equipment Industry
- Comprises of two segments – generation equipment (boilers, turbines, generators) and transmission & distribution (T&D) and allied equipment like transformers, cables, transmission lines, switchgears, capacitors, energy meters, instrument transformers, surge arrestors, stamping and lamination, insulators, insulating material, industrial electronics, indicating instruments, winding wires, etc. The T&D equipment sector 85% of the industry whereas generation equipment sector is 15%
- Combined turnover of IEEMA members in excess of USD 50 Billion
- Industry Production (Estimated) for 2019-20: INR 1,80,000 crores (USD 24.5 Billion)
- Exports: INR 60,697 crores (approx. 8.5 USD Billion)
- Imports: INR 67,937 crores (approx. US$ 9.5 Billion)
- 7.8% of manufacturing sector is terms of value and 1.23% of India’s GDP
- Direct employment to 5 lakh persons, indirect to 10 lakhs, and over 50 lakhs across the entire value chain
- Diversified, matured and strong manufacturing base, with robust supply chain
- Rugged performance design of equipment to meet tough network demand
- Presence of large SMEs, large conglomerate with major foreign players, either directly or through technical collaborations with Indian manufacturers
- State-of-art technology in most sub-sectors at par with global standards
- Focus on green manufacturing technology
- Major Export Markets: United States of America, United Arab Emirates, Germany, United Kingdom, Nigeria, Saudi Arabia, Australia, Brazil, Canada, France
- Major Export Products:, Switchgear and Controlgear, Transformers & Parts, Industrial Electronics, Cables, Transmission Line Towers, Conductors, Rotating Machines (Motors, AC Generators, Generating Sets) & Parts
- The size of Capital Goods industry market size is $92 Billion while Power Equipment share in it is about 55%
Source : CEA