Chairman & Managing Director,
Cooper Corporation Pvt. Ltd.
Real Estate, hospitals Banking and Financial Services, retail and hospitality along with the infrastructure industry is pushing the demand for gensetssays Farrokh Cooper, Chairman & Managing Director, Cooper Corporation Pvt. Ltd.
Though energy consumption in India has been on the rise, the most sought after Gensets are facing challenges. List the top three challenges.
The main challenge faced by the industry is meeting the current emission norms as they are getting tighter with the time. This will result in higher CapEx expenditures as well as OpEx with new fuels requirements. Another challenge faced is in the real estate segment as space there is inadequate, and hence the genets need to be more compact and take up least footprint. Presently, the DG sets are operating at a lower number of monthly hours resulting in Shorter operating times.
Lastly, the increasing incursion of unorganised players who are providing open type DG sets in rural areas is creating havoc with
Elaborate on the competition you face from the renewable energy segment.
Cooper products are years ahead of the competition in terms of innovative technologies, the total cost of ownership and durability of products. But, in the present time, there is a lot of noise on renewable energy and green energy. We are also witnessing some large projects being implemented in solar and wind-based power generation, and huge capital cost is involved in the Solar and wind project which till date remains burning issue and beyond the reach of many.
You offer a wider range of products. Highlight the salient features?
Our successful longstanding association with Ricardo UK has made Cooper products years ahead of the competition in terms of innovative technologies, the total cost of ownership and durability of products. The technological advancement enables us to tailor make products for our customers, which compliance with upcoming stringent emission norms in India and the rest of the world. All our engines have the best in class in terms of fuel consumption and have the lowest cost of ownership. For example, as compared to our competition, we have the smallest lube oil sump and lowest oil consumption products, which results in the smallest footprint.
Could you tell us which segment you see more demand coming from?
With a gensets power range of 10KVA – 200 KVA, the Indian market is about 100 thousand units per year. Significant volume comes from smaller gensets considering the preference of small consumers in the market. A major contribution for the segment is from Real Estate, hospitals Banking and Financial Services, retail and hospitality. Now the infrastructure industry is also pushing the demand.
What is your take on gas based Gensets market in India considering the little gas infrastructure of the country?
Cooper is one of the few companies in India who have CPCB certified gas engines/Gensets, and we have successfully deployed them on telecom towers at New Delhi and NCR which has the highest air pollution.
Limited availability of gas infrastructure is one of the major challenges faced for gas based genset market. But, gas-based Gensets market has a brighter future in India. We have witnessed active participation from the private organisation in terms of laying gas pipeline and building up the infrastructure. We also see a steady demand for biogas gensets, as many city corporations and housing societies are converting
biowaste into biogas which is being purified for Bio CNG.
Which region urban or rural according to you, is growing faster? And Why?
With the economy growing at over 7% and the thrust on infrastructure development, the hunger for power will continue to grow. We see the genset market growing at a CAGR of over 6% in the medium term (3 to 5 years). So, we are expecting a considerable demand for emergency back power coming from smaller cities and rural India.
What are your expansion plans for the current year
Cooper has already developed the 500kVA engines which are being launched by end 2019 and next in line is 750kVA and 1010kVA. By the year 2020. Cooper will have a complete range from 5kVA to 1010kVA. All our engines will be available in diesel and gas.