• Categories:News Center
• Author:Li Xiulei
• Origin:http://www.cl-dq.com/
• Time of issue:2019-10-08
• Views:503

(Summary description)
　　The construction of India's power grid is still in the growth stage. The "Made in China" plant in India will go deep into India's transmission, distribution, and energy storage links. China's manufacturing is expected to expand its market share in India.

　　  India is short of energy and electricity, so the power grid is still in the growth stage, providing an incremental market for Chinese manufacturing. ① India is at the peak of power construction: India’s two major blackouts in 2012 reflect the reality of power shortages. The current per capita power consumption is only 1/4 of China, and 240 million people have no access to power.

　　  In order to improve the current power shortage, India plans to add 147GW of installed capacity during the 13th Five-Year Plan (2017.4-2022.3), with an average annual grid investment exceeding 100 billion yuan. ②India's power equipment relies on imports, and Chinese companies take the lead: The Indian power equipment market exceeds 20 billion U.S. dollars, and 37% is dependent on imports. Chinese companies are the main suppliers of power generation equipment in India, occupying 40% of the share of traditional power generation equipment; power transmission and transformation companies have been deeply involved in the Indian market in the form of product sales and EPC. In recent years, they have actively established factories in India to increase their gross profit margins; energy storage companies have also Successfully entered the Indian market.

　　  India’s power transmission, distribution, and energy storage exchange technology for the market, and Chinese companies set up factories in India to open up the market. ① Power generation: India's 100GW photovoltaic installation plan brings huge opportunities. Chinese companies' exports to India have shifted from traditional power generation equipment to photovoltaic equipment. In 2016, India imported solar energy (12.55 +0.56%, buy) 84% of cells and modules from China. ②Power transmission and transformation: Chinese companies have been deeply involved in the Indian market in the form of product sales and EPC for many years. As India has put forward territorial requirements for power equipment manufacturers and set 21% import tariffs, relevant companies have chosen to build plants in India in recent years to increase Gross profit margin. ③Distribution network link: India's distribution network equipment is backward and electricity theft is serious. In 2014, it has successively released urban and rural distribution network upgrade plans, focusing on investment in smart meters, distribution network automation and other fields, bringing opportunities for Chinese distribution network companies. ④ Energy storage link: The substantial increase in photovoltaic wind power installed capacity opens up supporting space for energy storage. India's wind and solar energy storage project entered the bidding and construction phase in the second half of 2016. Chinese energy storage companies are actively deploying in India to seize the opportunity.