Natarajan Chandrasekaran Chairman Tata Power | T&D India

Natarajan Chandrasekaran, Chairman, Tata Power

 

“The distribution business has done well. It continues to serve more than 12 million customers, making your company the largest private power distribution utility in the country. Odisha discoms, where all the four distribution companies have reported substantial reduction in AT&C losses, delivered PAT of around Rs.253 crore. The AT&C losses across four discoms have been brought down by nearly 10 per cent. Tata Power will continue to invest across the four discoms in Odisha with the objective of further reducing the AT&C losses.”

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Anil V Kale, AVP, Strategy & Regulatory, PXIL

 

“Future development in power sector is dependent on increasing the scope of market-based electricity transaction in the country, in this regard Market Coupling can help create a more integrated and efficient Indian electricity market which support the growth of multiple power exchanges by increasing market liquidity, enhances competition and allows optimal utilization of transmission capacity, enabling power exchange platform to enlarge their Market Infrastructure Institution (MII) role in electricity space.”

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Harsh Shah, CEO, India Grid Trust (IndiGrid)

IndiGrid

“It is a welcome amendment to the Finance Bill 2023. In sync with the spirit of the distribution methodology, the adjustment of ‘Capital Repayment’ component of the DPU against cost of acquisition will help in bringing the much-needed clarity on taxability of distributions.

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Lalit Tiwari, President EHS & Group Chief Sustainability Officer, Kalpataru Power Transmission Ltd

“Being one of the largest listed specialized EPC companies of India, Kalpataru Power Transmission Ltd  is constantly working on integrating sustainability in its operations through responsible business practices. The company is working towards providing sustainable infrastructure solutions in all its businesses including power transmission, railways, oil & gas, buildings & factories. The brand’s environmental strategy is driven by three Rs – reduce, reuse and recycle.

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N Venu, MD & CEO, Hitachi Energy India

Hitachi

“Power is the much needed fuel to usher the next level of growth in the country to reach our ambitions of sustainable growth. It is very encouraging to see R. K. Singh, Union Minister for Power, New & Renewable to make the clarion call for the energy companies to double their capacity to increase clean energy generation. Electricity will be the backbone of the energy system and play a vital role in writing the growth story of the economy. At Hitachi Energy, we have been investing in people and technologies. We recently inaugurated our 19th factory in the country which will support clean energy transition. This will further strengthen our efforts to advancing sustainable energy future for all.”

 

 

N. Venu said this in response to the address of R.K. Singh, Union Power Minister, at the inaugural session of Elecrama 2023, on February 18, 2023

Dr. Rajib K Mishra, CMD (Addl. Charge), PTC India Ltd

“Trading volumes during the period were impacted due to high tariffs in short term power markets and supply side constraints on back of high prices of imported and e- auction coal. PTC’s robust business model that has withstood the volatile market prevailing in the first two quarters has also allowed us to explore newer models especially in the renewable energy aggregation space.

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Dhruv M. Sawhney, CMD, Triveni Turbine Ltd

“The ongoing global energy crisis is also likely to hasten the energy transition through renewable sources and methods, thereby providing immense opportunities for companies like ours. The company is also actively strengthening its product portfolio in the domestic and international API (active pharmaceutical ingredients) markets. This includes energy efficient drive turbines with single stage and multi-stage designs.”

 

Dhruv M. Sawhney, Chairman & Managing Director, Triveni Turbine Ltd (Triveni Turbines) was quoted in a release discussing the company’s performance during Q2 and H1 of FY23. (See related story)

Sunil Mathur: MD & CEO, Siemens Ltd

Siemens

“The strong performance was across all our businesses and included a significant order in our mobility business. While we are currently not experiencing a slowing down in public and private capex spending, we are concerned about global headwinds impacting demand which could result in a slowdown in capex spending.”

 

Sunil Mathur made this comment while announcing the company’s financial performance for the quarter ending June 30, 2022, when it announced its highest-ever order backlog of over Rs.17,000 crore.

Natarajan Chandrasekaran, Chairman, Tata Power

natarajan chandrasekaran big | T&D India

 

“Tata Power is looking to scale its generation capacity to over 30 GW by FY27 from current 13.5 GW with an increased clean energy portfolio from current levels of 34 per cent to 60 per cent by 2027 and 80 per cent by 2030.

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Bhushan Sawhney, Executive President, Polycab India

Bhushan Sawhney Polycab India LR | T&D India

“We have revered our long-term association with IEEMA, which is why Polycab India Ltd was the main sponsor of the IEEMA Buildelec exhibition conducted at BIEC, Bangalore. Power ministry officials graced the event with engaging seminars on each of the three days.

The well-laid-out display showcased our unmatched credentials in cables for oil & gas, railways, telecom sector etc. Also, on display were our innovative and unique products like eco-friendly Polycab Green Wires, IGNIS Fire Survival Cables and Hohm – Smart home automation solutions.

Bangalore is a promising market for Polycab with immense potential for its wide range of products, from wires and cables to smart home solutions.”

 

Bhushan Sawhney, Executive President & Chief Business Officer (Cables), Polycab India Ltd expressed this view shortly after the Distribuelec 2022 event organized by IEEMA in Bengaluru, during May 25-27, 2022. Distribuelec also included Buildelec – an exposition on building electrical systems.