Increase Power Demand to Drive Turbine Generator Business: Ken Research

India’s power sector is extremely diversified in the world. The power is generated from conventional sources such as coal, lignite, hydro, natural gas, oil, and nuclear power to viable non-conventional sources such as wind, solar, agricultural and domestic waste.

A turbine is a rotational machine, which extracts energy from a fluid flow and changes it into useful work. It is used for generating electrical power. Its speed is between 3 and 4 meters per second. An electric generator is an electromechanical device which converts mechanical energy into electrical energy. Generators provide a consistent and efficient way to supply electricity in case of power outage. Based on type generator are classified as AC generators and DC generators.

According to the report, “Turbine Generator Market in India 2011” some of the major companies that are currently working in the turbine generator in India are Bhel Ltd., Suzlon Pvt. Ltd., ABB Pvt. Ltd., Triveni Engineering, Siemens AG, DLF Energy Systems. These players define their financial and expansion plans in the market.

The classification of turbine generator market is done on the basis of fuel types such as water turbine, steam turbine, gas turbine, and a wind turbine. The water turbine is classified by impulse type and reaction type. An impulse turbine is induced by multiple jets of water: it includes a Pelton turbine, the turbo turbine, and the crossflow turbine. In addition, the reaction type includes a propeller turbine and the Francis turbine. A gas turbine is also known as combustion turbine: it is highly used for the captive power applications like ships, aircraft, trains, electrical tanks, and generators. The turbines used in electricity generation with the wind as a source include horizontal-axis wind turbines and vertical-axis wind turbines.

Generators are classified in terms of fuel type, power rating, generator type, and end-user. Based on fuel type the generators include gasoline, diesel, LPG, natural gas, and others. Major driving factors for the growth of the generator include increasing demand for IT infrastructure management and rising demand for reliable and uninterrupted power supply.

The market for turbine generator is mainly driven by rising in overall power capacity. Availability of funds, civilian nuclear deals and the government advantages of increasing significantly which led to the growth of the market. Additionally, some of the key challenges varying state wise taxes such as duties sales tax & value-added tax, project execution delays, low return to utilities and absence of good quality infrastructure etc.

The Indian power sector is developing from a budding market phase to a developing phase. Power is the core industry as it enables development in many other sectors of the Indian economy like agriculture, manufacturing, railways etc. Therefore, it is a key enabler for India’s economic growth and has traditionally shown similar development trends as compared to the economy. Presently the thermal energy sources have the largest capacity generated as on November 2011. Moreover, renewable sources show great potential for capacity expansion however the current share in the total capacity generated is about 10% only. In order facilitate the development of power sector the Ministry of Power, Government of India, has launched the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) with focus on establishment of the baseline data, fixation of accountability, reduction of T&D losses through strengthening & up-gradation of Sub Transmission and Distribution network and adoption of Information Technology during XI Plan.

To know more, click on the link below:-

https://www.kenresearch.com/energy-and-utilities/power/turbine-generator-India-2011/172224-103.html

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

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