THE KEY WORD IS NOW
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.