The growth of any economy is a factor of the growth of its industry which, in turns, depends on the creation of industrial infrastructure such as power plants and large-scale heavy equipment manufacturing units. Of these, power plants and projects are among the most essential, and with power generation being in excess of 100,000 MW, India is today the sixth largest producer and consumer of electric power in the world. Major investments in the power sector are being planned in the near future, with most projects being divided between Engineering, Procurement and Construction (EPC) contractors of the Power Island and of the Balance of Plant (BOP).
It is our strategy to take part in the opportunities presented by this investment through the BOP route and handling all the mechanical, electrical and civil works except for the power generating equipment (the turbines, generators and boilers) for any given project. While our current projects in the power sector are on a relatively modest scale, our vision is to expand radically in this space in the next few years. The power sector is of great strategic focus for us, with the rapidly changing nature of this sector offering hitherto non-existent opportunities.
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