“The climatic crisis is the next biggest catastrophe that the world will face in the coming years. We should start looking at implementing environmentally friendly practices at household and industrial levels to safeguard our planet.
With carriage and content separation in power distribution, we foresee carriage (wires) will continue to be owned by the government but we will foresee good number of competition on content side (units or kwh) from private players. Eventually there could be competition from carriage also.
“We have delivered a steady performance for the quarter, amidst global uncertainties. Our Railway and Civil businesses continue their growth momentum as they expand their portfolio in new and emerging segments. Despite the challenging environment, we have been successful in maintaining our profitability at the same level as the corresponding quarter. With a robust and diversified order book + L1 of around Rs 24,000 crore, we are confident of concluding the year with a good growth, despite the challenging circumstances.”
“2020 has been an unprecedented year that released massive unpredictability into the power sector. Power demand had weakened and DISCOM health turned even more delicate. Delay in project execution led to a hefty inventory buildup across the value chain. Businesses had to reconceptualize ways to keep their people safe, ensure business continuity and adapt to a rapidly evolving situation to restore demand. It seemed we had to take one day at a time and commit to making the right decisions that helped India build back better when normalcy returned.
Green stimulus programmes after the Global Financial Crisis stimulated GDP growth of between 0.1 per cent and 0.5 per cent for two years— even in the midst of a deep recession, where most countries’ GDP declined by 3 per cent to 5 per cent.
“The fact that renewable power will transition into becoming the world’s cleanest and most economical fuel is a foregone conclusion and the Adani Group intends to play a leading role in this journey. This award is yet another step in our nation’s climate change promise to the world as well as enabling our nation’s Atma Nirbhar Bharat Abhiyan (Self Reliant India Program). It is another step towards fulfilling our Group’s Nation Building vision,”
(On winning the SECI’s mega manufacturing-linked solar tender)
We are pleased that we have ended the year with growth both in terms of revenue and profitability, amidst unprecedented times. Our geographical and business portfolio diversification is paying off well in the current environment. Railways and our core T&D business have been the primary growth drivers this year.
Smart metering is crucial to India’s energy policy as it helps real time monitoring of energy consumption, help discoms in load curtailment and improving the billing cycle, help customer to plan the consumption smartly and efficiently, and enables the grid-integration of renewables.
The company has a significant pan-India presence in the retail division and has achieved phenomenal progress in this segment over the past few years.
India is one of the most promising markets for CHCI, not just to meet its growing local power demand, but also with regard to serve globally-oriented OEM – may they be located in India or abroad.