Hyderabad: ElectriEXpo, an exhibition for energy efficient, environment-friendly and sustainable devices kicked in Hyderabad. Companies such as Fine Cab, Polly Cab, Larsen & Toubro, Sudhakar Pipes, BCH, HPL, Phillips, Havells, Wipro and Phinolex are paricipating in the event.
Distribution equipment, cabling and wiring products, low-voltage switching devices, fittings, protective automatic machinery and automation systems robotics, electrical installation equipment and systems, energy saving devices, generators, batteries and cells, condensers, inverters, cooling towers, electrical appliances, voltage stabilisers, house and building automation, lifts & escalators’, and air-conditioning systems are being showcased.
About ten thousand visitors comprising electrical contractors, electricity regulators, engineers are likely to visit the exhibition. The energy industry is gearing up for the future. The exponential increase in power consumption will lead to a substantial increase in demand for energy efficient electrical equipment and sustainable energy sources. ElectriExpo attempts for the third time to exhibit emerging electric potential and energy efficient products, devices, concepts too, stated the release
The demand for electrical equipment in India is expected to witness significant expansion on the back of the growth of the power sector. The government is likely to add around 78 GW and 100 GW, respectively, under its twelfth and Thirteenth Five Year Plans. Investment required for the twelfth Year Plan period in the generation and T&D segment is expected to be $85 bn in generation, $45 bn in transmission and $70 bn in distribution. Based on the investment estimates and capacity addition targets, it is expected that the domestic demand for generation equipment (BTG) will be in the range of $25-30 bn by 2022, while that of the T&D equipment industry will be $70-75 bn.
Despite the aggressive plans for generation and transmission capacity augmentation, the current energy infrastructure is insufficient to achieve the desired demand. In fact, India faces an average energy and peak shortages to the extent of 12 per cent and 11 per cent, respectively. The country’s deficit in power is the biggest infrastructure constraint to the economy.