Indian electrical equipment sector to see Rs 1 lakh crore fresh demand

 The Indian electrical and electronics equipment sector is expected to witness fresh demand of about Rs 1 lakh crore in the next four years as a result of the government's initiative to increase power generation and transmission capability.

"In states like West Bengal the sector has already witnessed fresh tenders of at least Rs 4,000 crore being issued. Overall we expect a huge push to the sector as a result of the government's initiative to boost power generation capacity in the country," said R K Shah, chairman Indian Electrical & Electronics Manufacturers Association from East.

He was talking to reporters at the sidelines of a press meet to announce E3, an energy convention to be held in Kolkata between 18th and 20th November.

"The growth from the electrical and electronics sector would be the result of large increase in generation capacity, increase in power transmission capability and increase in the number of sub-stations," he said.
 

Source : http://energy.economictimes.indiatimes.com/news/power/indian-electrical-equipment-sector-to-see-rs-1-lakh-crore-fresh-demand/54496712

SMART GRID Bulletin September 2017


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