Page 43 - TCE Annual Report 2019-2020

Delivering Aspirations | Achieving Scale

Key Trends Shaping the Industry: • Transmission and distribution infrastructure upgrades
in India receiving due attention. Higher investments
• Sustainable Development Goals are driving Energy expected in transmission infrastructure, HVDC and
Transition across sectors with a focus on clean and FACTS, smart grids, distribution automation, load
green energy. Renewable growth focus across forecasting, microgrids, WAMS etc. The Asia Pacific and
geographies. Floating solar, hybrid solar and wind with MENA regions offer international opportunities.
energy storage opportunities being realised. Energy
neutral infrastructure, waste to energy and offshore • Government of India intends to reduce AT&C losses
wind expected to emerge in coming years in India. through privatisation of DISCOMs. Open access
in distribution, regular tariff revisions, extensive
• Flexibilisation of thermal plants, Tariff based smart metering, services on digital platforms, direct
competitive bidding for Round the Clock (RTC) power beneficiary transfer mechanisms to bring in much relief
with Variable Renewable Energy (VRE) bundled with and improve the efficiency of the distribution sector.
underutilised thermal plants along with Green Term
Ahead Market that allows renewable buyers and sellers • Distribution system enhancement will bring in new
to trade without PPAs will govern the dynamics of players in DISCOMs as well as new opportunities
power industry going forward. in the areas of due diligence, AT&C loss reduction,
infrastructure upgrades, energy storage, smart grids,
• Nuclear sector upbeat with ten units of 700MW PHWRs smart meters and grid automation.
in fleet mode along with bulk imported reactors based
on LWR and EPR technologies set to realise soon. Kaiga • OEMs and EPCs focus on standardisation,
2x700MW Unit 5&6 tender expected in 2020. Seismic modularisation and reuse to gain competitive
Margin Assessments for existing plants offer opex advantage and reduce time to market.
opportunities. Overseas opportunities with ITER, • In response to the emerging trends, TCE is stepping
Korean and European majors offer international growth up its core service offerings in the Power business,
unexplored thus far. reinforcing its strengths and judiciously pursuing the
• Hydro plants up to 25MW capacity are considered opportunities presented by Energy Transition and the
as renewables and are eligible for similar benefits. Industry 4.0 revolution.
Pumped Storage Schemes (PSPs) receiving huge • Power Business is focusing on digitalisation, IIOT
attention due to simplicity, flexibility and quick solutions and opex services for plant upgrades and
turnaround to replace VRE. Dam Rehabilitation Phase asset lifecycle management. Focus areas for Point
II and III for improvement of 700 dams with a budget of solutions include monitoring and performance
10,000cr planned to be completed in this decade. optimisation of boilers, condensers, critical pumps and
• No new utility-scale thermal plants expected and focus other equipment, plant chemistry, coal inventory, the
in the sector is on flexible power and environmental health of switchgear and transformers, solar power
upgrades. New build opportunities are emerging in forecasting, etc. Capacity building initiatives on data
CIS countries as well as in Asia Pacific regions. sciences, machine learning, and artificial intelligence
are in progress.

A PROJECT
International Thermonuclear Experimental Reactor
(ITER)

ITER nuclear fusion research and engineering
megaproject is the world’s largest magnetic
confinement plasma physics experiment. TCE has
been involved in the project since inception.

We provided the detailed engineering of the Cooling
Water System for the project and were a part of the
conceptual and preliminary design phases which
formed the foundation for the final design.
Currently, our 50+ engineers from different
specialisation are working at the site to help
ITER deliver the Engineering Work Packages to
the Construction Team for Erection. We are also
supporting ITER through offshore projects being
executed by the delivery teams in India

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