BACKUP YOUR POWER!

Growing demand for uninterrupted & reliable power supply and growing demand for hybrid diesel gensets are some of the key factors driving the genset market. Also, increasing number of power outages & power failure, especially in developing countries is creating a huge demand for power backup devices, of which genset is a part.

The Indian gensets market has witnessed a slump in its growth rate during the COVID-19 crisis, as a result of the nationwide lockdown implemented to stop the virus from spreading. Subsequently, a large number of manufacturing plants and commercial complexes have shut down, while construction activities have stopped due to laborers heading back home. Even the Indian Railways has suspended its passenger services, which has further led to a reduced demand for gensets.

Historically, the above-15 kVA category has held the largest share in the Indian gensets market, based on power rating. Commercial complexes, residential facilities, restaurants, small industrial units, and telecom towers widely deploy these gensets to meet their auxiliary electricity demands. As the number of residential societies and commercial complexes increases in the country, so will the demand for above-15 kVA gensets.

In the years to come, the commercial category will dominate the Indian gensets market, under segmentation by application. The installation rate of gensets is rising rapidly in restaurants, telecom towers, hospitals, hotels, malls, and various other commercial settings. With the growth of the telecom, healthcare, retail, and hospitality sectors, an increasing number of gensets will be installed.

The highest value CAGR in the Indian gensets market, of 14.0%, is predicted to be seen by gensets with an above-400 cc engine capacity. The commercial and industrial sectors, where the electricity requirement is always high, require gensets with a higher engine capacity, for reliable operations. Moreover, if the power load increases suddenly, higher-engine-capacity gensets are able to respond quickly.

Farrokh Cooper, Chairman & Managing Director at Cooper Corporation Pvt. Ltd said, “the pandemic situation accompanied by various phases of lockdown and unlocks has highlighted the need for having a continuous power supply. Be it residential societies, small clinics, standalone restaurants, standalone offices/retail stores, bungalows, farmhouses and construction sites and others require an uninterrupted power supply. To address the issue of consistent power source we introduced future-ready 5KVA compact diesel gensets. The 5 KVA compact genset -Cooper Bolt Mini incorporates the contemporary Air-cooled engine designed by Ricardo, the UK with whom Cooper has a technical collaboration for designing its state-of-the-art family of engines.”

He further added, “At Cooper, our manufacturing plants are based in the outskirts of Satara. The production process is constantly monitored to ensure consistency in quality, and we use high-performance machine tools in each phase of the process to achieve the desired surface finish through optimised machining operations.”

Sunil Shahi, CEO - Non-Automotive Business at Greaves Cotton Limited, said, “Customers are looking for better and innovative service packages based on lesser operating hours. Remotely monitored gensets are gaining priority. Greaves offers a genius range of DG sets which come fitted with a remote monitoring system to capture all essential DG set parameters and transmit them to the user's laptop or mobile. It allows the user to see all necessary electrical parameters, energy generated, fuel level in fuel tank, fuel consumed, fault alerts etc. on his device. Even the location of DG sets can be monitored via GPS. So, huge advantages for both retail customers and fleet owners who have DG sets installed in a scattered area including rental players who have mobile DG sets. Genius also checks and alerts upon pilferage of diesel. The timely alerts enable timely diagnostic and corrective actions to get maximum uptime and longer life of DG sets. This is further backed with a 5-year / 5000 hours warranty for 10kVA to 500kVA from Greaves at no extra cost which is unmatched in the industry.”

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