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Power Equipment Imports: Demand For Curb Continues

Currently, the treatment of imports of new and used capital equipment is same in India. However, most other countries including China, Thailand and Australia, have specific policies on second-hand machinery and capital goods imports.

The Power Ministry demands that certain restrictions or checks need to be imposed on second-hand machinery imported in to India. Such restrictions may be in the form of:  Read more…

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Categories: Capital Goods, Power

Power capacity addition: Targets set, revised and re-revised

February 3, 2011 Leave a comment

Power capacity addition has been a laggard and earlier also targets have been set and revised downwards. This is what I was hinting at in my last post on Ports in India when I said that “Although pace of infrastructure development in India has been slow, the pace of infrastructure target announcement has not restrained.”

But, the government seemed very bullish on its Power Sector expansion for the 11th plan period (2007-12). Read more…

Indian Electrical Equipment Industry: On A Growth Path

Investment projects had witnessed a set back during the financial crisis in 2008-09. This had an adverse impact on the related sectors as well. One such sector includes the Electrical Equipment Industry.

This Rs 52,000-crore industry includes cables, switchgears, transformers and other large electrical products. The industry recorded a marginal 1.7% growth in demand during April-September 2009. However, the demand picked-up in the second half and reached 20% compared to the year-ago level, according to IEEMA. Read more…