•    India is one of the countries of the world, which has
good solar energy reservoir. India has been known to receive highest amount of solar radiation in the world. Average intensity received is 200 megawatt for every kilometre square.

•    India has geographical area amounting to 3.287million square kilometre, which can effectively produce 657 million mega-watt of electricity. The desert land of India 20 thousand square kilometres is available in the state of Gujarat, Rajasthan. This area is not occupied with vegetation neither is it used for other industrial purpose. By just covering 15 hundred square kilometres in this stretch of desert, it is possible to produce around 3, 00,000 MW electricity.

•    The first solar power plant in India is still under progress in the region of Phalodi located in Rajasthan. This solar plant is rumoured to have cost around 4 times most coal based plants. Today it is considered as a “pioneering project of solar power” in the Indian Subcontinent. This plant is expected to produce electricity of 700-2100 GW and is planned on an area of 35,000 km2. As most parts of the country don’t have any access to electricity grids so the most popular use of solar power is for pumping the water. In order to replace the existing five million water pumps, which are being run on diesel solar power plants in India, were initiated.

•    It is important to note that Indian solar program for loan has been greatly supported by the Environment Program of United Nations, which has won the energy globe award in the field of sustainability. Around 16,000 solar homes have got financed by 2,000 branches of banks especially in the southern part of India.

A sneak Peek into Lanco

Lanco Power Projects too have worked on the commercialization of its alternative sources of energy generation like solar power and photovoltaic cells. The Lanco power projects work with an aim to make these sources of environment friendly energy accessible and affordable for the population of the Indian continent.

Lanco’s strategy of “sand to power” has been visualized as an important method with which the dream of solar energy can be realized. Among the organizations working on solar Power plants in India Lanco was first to integrate solar chain of value. Lanco power projects of solar power are one of the longest pipelines in the power projects in India. Lanco’s power

Lanco MD | Venkatesh Babu Lanco

The control room of the 600-MW Udupi Power Corporation in south Karnataka has a staff of just 20. With the monsoon hitting the Konkan coast, demand for power in the region has fallen sharply. The imported coal-based plant of power and engineering, procurement and construction (EPC) major Lanco Infratech is generating only a little over 400 MW. It has also synchronised its second 600-MW unit, which is expected to start commercial operations once the transmission link is ready by end-2011.

The fifth floor of Lanco House in Gurgaon is also sparsely populated. The floor that houses the board room and offices of the top management of the company is lined with waist-high green granite. The off-white walls are peppered with dozens of paintings including M.F.
Husain’s and Souza’s. In 2009, Lanco Infratech did a King George V when it moved its corporate office from Hyderabad to Gurgaon. It shifted 700 employees to the Millenium City. Two years later, almost a quarter of Lanco Infratech’s 7,000 employees are based in Gurgaon. Being close to the power centre is quite important, even if you are a power utility.

The Rs 8,000 crore-Lanco is among a clutch of companies that are investing in expanding India’s power generation capacity. It has an installed capacity of 3,300 MW and will add another 6,000 MW in the next few years. By 2015, it will invest Rs 35,000 crore to add another 6,000 MW, raising the total capacity to 15,000 MW. By then, Lanco will be present across 20 states and is slated to have 20,000 employees.

In contrast, in 2005-06, it was a Rs 152-crore construction company with profits of less than Rs 10 crore. In 2010-11, profits are Rs 446 crore.
Today, Lanco is among the biggest private power companies in India. Rivals include Tata Power (generation capacity 3,120 MW), Reliance Power (1,033 MW), Adani Power (1,980 MW) and Jindal Power (1,000 MW). State-owned NTPC leads with close to 35,000 MW capacity. Lanco, however, believes that for its private sector rivals, power is just another business, while it is focused on the entire power

Can Lanco pull it off over the next four years? It has incurred a net debt of Rs 23,733 crore. Around 85 per cent of the debt is long-term and repayable over 15 years. It is currently setting up eight power plants including at Amarkantak, Anpara, Kondapalli expansion and Vidarbha.
Barring power, EPC and infrastructure, Lanco has identified two new verticals — solar power and natural resources. Infrastructure includes roads, metro rail and port projects. It also plans to enter power equipment manufacturing to counter the restrictions on import of power equipment, and is identifying an international partner for the venture, as have many others

Lanco MD | Venkatesh Babu Lanco

Due dense population as well as high solar insulation India leads in generation of wind power because of the perfect amalgamation in solar energy. Several thinkers and researcher have recommended the Indian government to undertake solar power projects in India in order to use this radiation as a renewable source of good energy. India has therefore planned a total of 35,000 km2 area in Thar Desert in order to generate a total of around 2100 gig watts of electricity through this solar project.

Solar projects in India are gathering importance as solar energy is reckoned as one of the most environment friendly resources of energy which are both positive as well as negatives in it. The biggest advantage is that solar energy is renewable, it can easily be restored.

July 2009 witnesses $19 billion solar power project in India with plans leading to generation of 20GW energy by the year 2020. This also made it mandatory to utilize solar energy powered equipment in government offices, hotels, buildings and also hospitals. India also launched National Solar Mission as a part of solar power projects in India which was also a part of the plan on the issue of Climate Change and aimed to produce around 1,000 MW energy by the year 2013.

Percentage of the solar energy generated in the country might just be 0.4% as compared to overall production on energy in the country yet the country ranks first along with US in the
field of solar power and its production capacity. As the price involved in deployment of solar energy it is still not a very popular option that people opt for and can only develop a market with clients if the technology involved gets cheaper.

Lanco MD | Venkatesh Babu Lanco

Energy is quite competently utilized in the economy though it has started to decrease in recent years. Compared to mature economies, the energy intensity of India is almost double. India’s energy intensity is also a lot higher than the emerging economies such as the Asian countries, which also includes the ASEAN member countries as well as China. One of the key factors that has led to this unprecedented demand for uninterruptable power supply (UPS) is the surge in national population. India ranks fifth in the world in terms of primary energy consumption, responsible for about 3.5% of the world commercial energy demand in the year 2003. Surprisingly, despite the overall increase in energy demand, in India per capita energy consumption is still quite low compared to other developing countries.

Exhaustible and renewable energy resources are available in plenty in India. Coal, oil, and natural gas serve as the three primary commercial energy resources. By far the largest source of energy is coal and it will remain so in the foreseeable future. However, India’s primary energy mix has been changing periodically. Other forms of commercial energy of a much higher quality and efficiency are steadily replacing the traditional energy resources being consumed in the rural sector. But resource augmentation and growth in energy supply has not managed to keep up with increasing demand. This has led to an increased reliance on imports to meet the uninterruptable energy demand. Increasing pressure of population and increasing use of energy in different sectors of the economy is a prime area of concern for India. It is advisable to conserve energy and reduce energy requirements by demand-side management and by adopting more efficient technologies in all sectors.

Lanco MD | Venkatesh Babu Lanco

India contains a lot of exhaustible and renewable energy resources. The three main commercial energy sources in the country include coal, oil, and natural gas. Coal is by far the largest source of energy since the burning of coal accounts for almost a half of all electricity generation. Approximately one fourth of all electricity generation in India is through nuclear energy. The remaining resources – hydro and gas – constitute about ten percent of the total electricity output. Currently, India holds the position of the eleventh largest producer of energy, roughly amounting to 2.4% of the total energy output per annum. However, India’s primary mix of power has been periodically changing.

The competitive market scenario of the Indian power industry, the importance of renewable sources of energy for power generation, the different prospects and complications faced by the industry, the significance of the role of the private players and foreign investments, the influence of the political condition, mergers with private participants, new policies and changes in regulating the Oil & Gas sector in India – all these points are covered by the Report on the Indian Power Sector.

The nuclear industry is considered to be an excellent alternative for future power generations due to the rising concern about pollution and global warming. Modern technological innovations and better public awareness regarding nuclear power are critical to the future success of the nuclear industry. Future power reforms are likely be focused on the field of nuclear energy.

Lanco MD | Venkatesh Babu Lanco

What initially started out as another industrial utility soon spread its wings to the diverse functions of home based usage, power driven consumption and even for recharging batteries for cars and automobiles. Today practically all appliances are designed with this much needed system of power supply both in order to counter the problem of saving our natural resources as well as eradicate the cause of environmental pollution. This concept in Solar Power also serves the dual benefits of saving the planet from the gruesome task of global warming in the process.

By far the most long lasting and widespread impact of the Solar Power can be seen in the way it has directly played a significant role in reducing costs and the turnaround time. This idea of saving high consuming electric power on appliances has found an interested market in almost all countries irrespective of their literacy levels. Over the years, specific research has also been invested into in order to make the already user centric features of most solar appliances even more convenient for any type of use by any grade of consumers. Today we have as elementary home appliances as the heater, ovens and gas burners to high-end technical utilities like the steam engines and power supplying sources to factories all running on solar energy.

This system of tapping and then directing the vast quality of sun’s natural light has already been much improved upon and enhanced by scientists still working on the cause of Solar Power. According to rough estimates, the sun is loads of light years away from our planet which is both a blessing as well as a curse for us. In spite of this vast distance, only a small fraction of the sunlight and inherent heat we stand to receive is what provides all this energy. A fraction of an increase or decrease in this volume of sunlight can have even more powerful impacts in the time to come.

Lanco MD | Venkatesh Babu Lanco

Moreover, LPG Gas which is highly subsidized by the govt. and it is sure that it would never withdraw the subsidy to the LPG anytime soon which is INR 300. This will make it very competitive for PNG to reach Indian consommés to the home. Its is almost impossible to sustain the supply of PNG to the Domestic homes due to the fact that a company like IGL which gets RLN GAS at Rs 23 per cubic meter and they are they are selling it at just Rs 16.85 per cubic meter

A great effort by IGL, who is one of the major CGD players is initiating tie-ups with company like  A. O. Smith, Kohler who make brown goods appliance to make gas powered geysers, water heaters and generators. This step would promote the usage of gas. The government must focus on captive coal blocks in this line.

This Initiative sure will benefit several power plants including Reliance Power’s 2,400 MW Samalkot project, RVK Energy’s 436 MW gas project, Panduranga Energy Systems’ 100 MW project, Torrent Power’s 1200 MW DGEN project and GSPC’s 700 MW Pipavav Power, Lanco Power projects, among others. In another development, ONGC tenders sought 10 helicopters sometime ago for its off-shore requirements.
Our Prime Minister, Mr Manmohan Singh expressed concern on slow progress of commissioning of power projects in India at a review meeting of various ministries and they expressed urgency to solve the fuel supply system problem at these power plants. Currently, the gas supplied to homes is allocated only to existing power projects, but they have to stop due to gas shortage and a small quantity is given to new projects commissioned in 2009-10.

In Recent years, the need to meet the word’s growing energy demand has been eclipsed by rising Oil prices and the perils of climate change.  Government would be sourcing gas for this

Lanco MD | Venkatesh Babu Lanco

Almost 55% of power projects in India are based on coal that is considered the most commonly used fuel to produce energy. The other 45% is completed by gas, hydro, renewable resources, nuclear power and diesel. These figures are sourced by Government of India through the Ministry of Gas in order to educate the people of India on how the power and energy is produced in the country.

However, the Government’s promise of “power to all” by 2012 seems to be in a tiff, as to fulfill this promise there should be an increased 1,00,000 MW of energy production required along with tariff rationalization.  This augmented production is only possible after the proper reformation of the power projects in India in conjunction with the greater involvement of private companies in every division of power sector.

With the increased demand of electricity and power in the different states of India, Government has now started emphasizing on reformation activities that include huge setups renewable sources power plants. Even more development can be seen in the hydro power sector with the increase of around 1% in the total production. However, gas plants are now on hold, as Government feared that due to shortage of gas supply can hamper the additional production plans through gas power projects in India. Higher crude oil cost is the main cause behind the short supply of gas in the country.
Whatever, be the shares of thermal, hydro and gas power plants; the environmentalists have accentuated on the renewable sources as the main fuel for power projects in India. This is because renewable sources create less pollution and does not pose any threat to environment.

India’s need of power projects can be identified with the fact that population is increasing day by day leading to increased consumption of electricity and power. If to go with current status, power projects in India are fewer to generate the energy required to fulfill the needs of the people.
Power projects in India are working efficiently for the benefit of the country, but still there is long way to go. The Government should take proper measures to maintain the existing power plants along with the actions taken to develop new ones. The role of private companies is noteworthy here, as these companies are also working hard to set up new power plants that can produce high volumes of energy that can be available to the people at reduced tariff

Although, needs for electricity have been increasing with an alarming rate, it is also the duty of people living in India to not waste the electricity. We all know that our natural resources are diminishing very fast and little effort to save energy and electricity can contribute a lot.

Lanco MD | Venkatesh Babu Lanco

Would you be able to spot a Rolex Daytona replica amongst such wares if you were on the streets of Paris? There are many unconventional stores in this city where one will suddenly find originals being sold which have been fashionably altered. For instance, you may find your favorite Daytona model in 35 to 39 mm dimensions. That makes these watches quaint and gives them a different character altogether. There are some Rolex vintage models which have been stripped of their original stainless steel bracelets and put on Nato straps. Now these stores claim that they are original and the best way to ascertain that, is to tell them to remove the back and expose the movement. If the oyster perpetual technology is spotted inside and chronograph movements not stamped as made in China or Japan, then maybe you got the real deal.

Be it Rolex Submariner replica or an original suddenly found altered and different in such a store in Paris, it would be a delight to many. Paris being the fashion capital of the world, can afford to dare to alter such luxury watches when no one will be able to. In the name of fashion, there is a certain freedom in this city and a passion that drives its people which is not to be found anywhere else in the world.

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