The current scenario of power transformers and distribution in India
Electricity is a key constituent for the financial growth and development of the country which has also led to the growth of the transformer suppliers in India. There has been a tremendous rise in the demand for power in India. This surge in the power demand can be credited to the rise in utilization capacity, the rise in industrialization, the growth of population and urbanization.
A scenario in India currently
In the present times, India has the fifth largest installed capacity in the power sector worldwide. According to research, the power distribution transformer market in India is projected to reach $2.9 billion by 2022.
A transformer is considered as the most costly asset in a power diffusion network as it comprises of nearly 60% cost of the total substation capital cost. Power transformers are designed keeping in mind their purpose and requirement of the power supply. Large power transformers are usually ranged above 100 MVA and can maximum go up to 1,000 MVA.
Understanding transformers
A transformer is a stationary electrical device that transmits energy between its connected circuits by inductive coupling. Transformers are mainly used to increase voltage before transmitting electrical energy over long distances through wires. Transformers are also used in electronic products to step-down the voltage supply to a level suitable for the low voltage circuits they contain. And there are many other advantages also with the transformers.
Transformers can be broadly classified, based on the output rating as:
· Distribution Transformers (Ranges from 31.5 to 5,000 KVA)
· Power Transformers (Ranges from 5.1 to 500 MVA)
· Special Transformers (dependent on the category of application like welding, furnace, traction, etc.).
If you want to know the 250 kva transformer price in India, then just look for its most reliable dealer and supplier.
Areas of opportunity for Indian transformer industry
Quality: The distribution transformer industry in India is currently dominated by unorganized and small scale sector. The volume for the supply of power is greater than the existing market demand which has given rise to an unhealthy competition and manufacturing practices.
Doing away with older equipment: Irrespective of the progressions completed in the field of energy generation, a distribution transformer is very often an irreplaceable asset. Timely and proper repairing, replacing the damaged or rusted ones with new well-built ones and maintaining them will be crucial in ensuring a reasonable return on investment for the equipment.
India ranked 80th among 137 economies in the Global Competitiveness Report, 2018 in the trustworthiness of electricity supply.
According to a new report by World Bank, titled, In the Dark: How Much Do Power Sector Distortions Cost South Asia, linking the entire country’s population to the grids and increasing the power supply to all of them 24 hours a day would eventually increase not just the income of country households by $9.4 billion a year. This will also eliminate power shortages and will also avert a projected $22.7 billion a year in commercial losses.
If you are eying to get a transformer set up for your commercial establishments to ease and manage the distribution of power, then just look for the most reliable transformer suppliers.
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