Background
Over the past two years, complementary Government policies and increasing price competitiveness of solar power have led to a surge in solar installations across India, leading to reducing capital costs and solar energy rates. The Indian solar market is maturing fast with rapidly rising investments in the Indian market by major foreign players, OEMs, Developers and financial institutions. On the other hand global gas turbines market is estimated to be USD 17.51 Bln in 2017 and is projected to reach USD 20.66 Bln by 2022, at a CAGR of 3.36%. gas turbines in electric power generation and in certain industrial processes like oil & gas, marine, locomotive, automotive propulsion and other industries.
Business Case
As the solar segment is witnessing fall in tariffs, large IPP and integrated utilities are likely to develop internal EPC capabilities to improve project economics, thus increasing the share of companies with in-house EPC capabilities. The emergence of automation technologies has led to leaner operations, incurring high initial capital costs, but greater savings over the project-life, thus making Automation a key project component. The demand for Gas Turbines is directly linked to development of gas-fired power plants. Production and supply of most of the world’s natural gas being concentrated to few countries as well as supply disruptions being prevalent due to geopolitical tensions and pipeline and related infrastructural issues, are creating global price disparity and opportunities in the Indian gas turbines market, like JVs & Expansions, new product launches, and other Partnerships.
APSPL through its team of Energy Market & Procurement Experts along with its empanelled Banking & Logistics Network, partners in developing Foreign Developers and OEMs foot-holding, directly or through partnerships, into the rewarding and competitive Indian Renewable Energy EPC Market through via decision-making insights into the Industry and through Stakeholder Engagement.
Assisted with Presentations, Business Cases, Familiarizations & Engagements, Procurement & Regulation, Legal Explanations, local custom and traditions knowledge base, etc. APSPL has successfully assisted its Foreign Client to objectively analyze and finalize Business decisions / actions.