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IE April Edition

Read our latest edition for the updates on projects, Energy, TMi, Switchgears and more...

APRIL 2024 Vol II Issue IV

Email: info@industrialoutlook.in Visit us: www.industrialoutlook.in Pages 92 TITLE CODE MAHENG14679 ₹ 200/-

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CONTENTS

NEWS

AGEL Commits $5 Billion Investment to ...................... 12

Tata Group Plans ₹40,000 Crore Semiconductor ............ 12

India adds 24 GW of solar PV manufacturing ................. 14

NTPC Sets Target of 40 Million Metric Tons Coal ......... 14

India records all-time high passenger vehicle sales ......... 16

TP Saurya Limited Completes 200 MW Solar ................ 16

PepsiCo India Plans ₹1,266 Crore Investment for ........... 18

NTPC Shuts Down 220 MW Barauni Stage-I ................. 18

Wipro GE Announces ₹8,000 Crore Investment in ......... 20

NHPC Secures 200 MW Solar Power Project in ............ 20

22

32

34

38

39

28

COVER STORY

INTERACTION

INTERACTION

INTERACTION

INTERACTION

Special Coverage

India's Potential as the Next

Manufacturing Hub for the

Global Renewable Energy

Sector

Rajesh jayachandran

National Sales Manager India

LS ELECTRIC CO. LTD.

Dr Yogesh Kumar Singh

Head Government Affairs & Policy

Ex Redington Limited

Sunayan Borah

General Manager

Citizen Solar Pvt. Ltd.

Ramani Mani

Founder & Managing Director

Modutec Ready Panels Pvt. Ltd.

Eight Core Industries

Production Performance

Report

40

INTERACTION

Imteyaz Siddiqui

Managing Director (India)....

Doble Engineering Company

42

QUOTE FY 2024-25

Page 42 to 46

66

GUEST ARTICLE

RAMESH SHIVANNA

Director

Sadbhavana Ventures Pvt. Ltd.

48

SWITCHGEARS

Global HV Switchgear Market

to Witness Further Growth:

Trends and Outlook

68

PRESS RELEASE

Best Power Equipments (BPE)

Welcomes Sam Teo to Spearhead

ASEAN Operations as Company

President

52

Testing & Measuring

Navigating India's Testing and

Measuring Instruments Market:

Policies, Government Support, and

Market Trends

56

Energy Storage

Decoding the Future of

Grid-Scale Energy Storage in

India

60

Net Zero Economy

Innovation & Technology:

Accelerating a Net Zero

Economy

CONTENTS

69

GUEST ARTICLE

Deye Inverter for Commercial

and Industrial Applications.

77

PRESS RELEASE

Vikram Solar appoints Mr

Narayan Lodha as Chief

Financial officer

70

PRESS RELEASE

The International

Federation of Electric

Vehicles

78

GUEST ARTICLE

“Kusam-Meco” Ac & Ac+Dc

Trms Digital Power Clamp-On

Multimeter With Patented Amptip

75

PRESS RELEASE

Saatvik Solar Appoints Kuldeep

Jain as Chief Operating Officer to

lead EPC & IPP Business Globally.

84

GUEST ARTICLE

SOFAR: Pioneering Solar

Solutions in India and

Beyond

71

PRESS RELEASE

Goldi Solar announces its

partnership as the Official

Partner of Mumbai Indians

80

PRESS RELEASE

NABARD Chairman launches

NABSAMRUDDHI’s Climate

Ready WASH.....

76

PRESS RELEASE

Power n Sun and Jakson Solar Signed

a Strategic Cooperation Agreement

Exclusively for Lucknow, UP and

Maharashtra

85

GUEST ARTICLE

Insolation Energy Limited ( INA

Solar) clinched first position by

market capitalization on BSE SME &

NSE EMERGE platform

72

PRESS RELEASE

Grew Energy announces appointment

of Mr. Hardip Singh as COO

81

GUEST ARTICLE

Hartek wins Rs 474 crore solar

project in Rajasthan

73

GUEST ARTICLE

Growatt Inverters Power A Large

Beverage Factory in Uttar

Pradesh

82

GUEST ARTICLE

From Wickets to Watts: Rayzon

Solar Teams Up with Cricket

Giants for a Net-Zero Future

74

PRESS RELEASE

IB Solar and INVT Forge Strategic

Alliance to Establish Sales and

Service Center in Noida

83

PRESS RELEASE

RenewX 2024 – Fuelling India’s

Renewable Energy momentum in

the southern hub of Hyderabad

Dear Folks,

In the dynamic landscape of the power sector, characterized by rapid technological

advancements and evolving environmental imperatives, discerning key trends is paramount

for shaping the future of energy generation, distribution, and consumption. As we delve into

the intricacies of power, encompassing test & measuring instruments, switchgear, renewable

energy, and the ambitious net-zero targets, it becomes evident that the path forward

necessitates innovation, collaboration, and unwavering commitment.

Test & measuring instruments and switchgear, the backbone of power infrastructure, are

undergoing transformative changes driven by advancements in digitalization and

automation. The integration of smart sensors, IoT-enabled devices, and predictive analytics

is revolutionizing asset management and maintenance strategies, enhancing operational

efficiency, and optimizing resource utilization.

Moreover, fostering innovation and entrepreneurship is essential for unlocking the full

potential of renewable energy and driving sustainable economic growth. The convergence of

key trends in test & measuring instruments, switchgear, renewable energy, and net-zero

targets presents unprecedented opportunities to redefine the future of energy. Embracing this

transformative journey demands bold leadership, visionary investments, and unwavering

commitment to building a more prosperous, equitable, and sustainable world for generations

to come.

As we embark on this collective endeavor, let us harness the power of innovation and

collaboration to pioneer a brighter future powered by clean, renewable energy sources, and

guided by the principles of net-zero emissions.

Enjoy reading…

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Roopal Chaurasia

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