THE KEY WORD IS NOW

Power Watch India - - COVER STORY -

Hir­ing in­terim power gen­er­a­tion plants as a stop-gap mea­sure yields many ad­van­tages, par­tic­u­larly when there is a fore­see­able de­lay in the con­struc­tion of per­ma­nent power gen­er­a­tion fa­cil­i­ties or when the spike in elec­tric­ity de­mand proves to be sea­sonal.

In the con­text of the above-men­tioned case stud­ies, coun­tries in the In­dian Sub-con­ti­nent are look­ing to mit­i­gate the ob­served de­fi­ciency in power sup­ply by har­ness­ing al­ter­na­tive sources of en­ergy, in­clud­ing geo­ther­mal, so­lar, hy­dro and nu­clear. While the afore­men­tioned al­ter­na­tive sources have rec­og­nized and ac­knowl­edged mer­its and po­ten­tial, they may re­quire fur­ther re­search, leg­is­la­tion and phys­i­cal fa­cil­i­ties to be op­er­a­tional; and this may take time.

In a study con­ducted by the Fed­er­a­tion of In­dian Cham­bers of Com­merce and In­dus­tries in 2012, 61% of the com­pa­nies that par­tic­i­pated in the sur­vey re­ported more than 10% in pro­duc­tion short-fall due to power in­ter­rup­tions. More­over, the par­tic­i­pant com­pa­nies also cited rev­enue losses be­tween INR 1,000 and INR 40,000 per day, due to power cuts. The set-backs caused by power fluc­tu­a­tions are sim­i­lar. Nat­u­rally, businesses may not be able to sur­vive op­er­a­tional losses of this mag­ni­tude while wait­ing for per­ma­nent power gen­er­a­tion fa­cil­i­ties to be func­tional. Need­less to say, the sit­u­a­tion calls for an ur­gent so­lu­tion.

Rental power com­pa­nies, like Altaaqa Global, are ca­pa­ble of pro­vid­ing so­lu­tions as needed, when needed. Util­ity com­pa­nies can hire tem­po­rary power plants in times when de­mand out­paces the sup­ply, when the elec­tri­cal grid is un­sta­ble or when power dis­tri­bu­tion net­works are un­avail­able. This will al­low them to bridge the sup­ply deficit with­out wait­ing for an­other day. Hir­ing power gen­er­a­tors can prove to be a vi­able so­lu­tion to power sup­ply in­ef­fi­ciency, while the per­ma­nent power in­fra­struc­ture is con­structed.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.