Demand for electrical equipment will be all time high: R.K. Singh
“The demand for electrical equipment will be all time high in times to come with the numerous reforms undertaken to strengthen and modernise the distribution sector with the investment of Rs. 3.05 lakh crore in the next five years,” said Power Minister RK Singh while inaugurating the 4th edition of Distribuelec being organised by Indian Electrical and Electronics Manufacturers’ Association (IEEMA).
“We want products to be manufactured here (in India) for which we will provide land at a feasible rate for which we have a scheme where we will set up three manufacturing zones around the country. I invite electrical companies to set up their industries and manufacture components, which we are importing. This will give a boost to our AtmaNirbhar Mission,” the Minister said.
Commenting on the occasion, IEEMA President Anil Saboo said, “For the first time in history, power has become the talking point in the budget along with railways and roads. The infusion of Rs 3.05 lakh crore will make discoms viable thus improving the overall efficiency. There is an increasing need for a digitised, automated and controlled power system for optimising power flows and reduce losses. Technology is the only enabler for enhancing sustainability and reliability of the power distribution system.”
Sandeep Zanzaria, Chairman – Distribuelec informed: “Keeping ‘Make In India’ as a priority, this year we have more focus on effective use and impact of renewable energy in the distribution, advanced digital solutions, implementation of cybersecurity measure in distribution grids and electric vehicle charging infrastructure. In Distribuelec this year, there will be participation from buyers of various countries of Bangladesh, Nepal, Sri Lanka, Middle East, Africa, CIS and Latin America.”
Simultaneously with Distribuelec, IEEMA is organising Buildelec exhibition and a technical conference Intelect to bring Power Distribution stakeholders – DISCOM, Consumer, Electrical Operational Technology (OT) and Information Technology (IT) – on one platform to conduct business.