As a power-surplus India chases renewables, power equipment JVs are struggling to get fresh orders from mainstream coal-fired plants.
But the priorities of the government changed soon. The emphasis on wind and solar power generation and the decision to discourage new coal-fired thermal projects have landed the BTG sector in serious trouble. By 2016/17, the Indian electrical industry, including the BTG and the transmission and distribution (T&D) segments, dipped to ₹1,54,000 crore, according to data from Indian Electrical and Electronics Manufacturers Association. Of this, the share of the BTG manufacturers was only 15 per cent or ₹23,100 crore ($3.5 billion). The JVs, too, are sitting on idle capacity due to lack of local orders. In order to survive, most of them now depend on orders from parent companies, JV partners and NTPC.
Grand Plans Go Awry
Esta historia es de la edición April 08, 2018 de Business Today.
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Esta historia es de la edición April 08, 2018 de Business Today.
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Pension Scheme - Safety Net
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The Reit Choice?
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CORPORATE - Calling to Account
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EMPLOYMENT: Skills Push
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"KYS more important than KYC"
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ROXX STAR
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TURNING THE TABLES
INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND
THE EVOLUTION OF ATHERA
IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS