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Equipment Suppliers Power Equipment Consists Of Power generation equipment / Power Plant Equipment (PPE) boilers turbines alternators generators Power distribution equipment transformers switchgear cables The International Scenario The global PPE industry is dominated by the 'Big 4' - GE, Siemens, Alstom and Mitsubishi. Their dominance stems from leadership in technology for turbines and boilers and an international presence, which reduces volatility in earnings resulting from bunching of projects in a certain region. The other players in the global scenario are Ansaldo, Hyundai and Hanjung. The global market size for equipment is around $40bn per annum. Another $20bn comes from services. The technology for steam turbines is fairly mature and accounts for 50% of world's demand. The fastest growing segment is gas turbines since gas is a more efficient and environment friendly fuel and availability is increasing by the day. The demand for other fossil-fuel fired turbines is also growing at a rapid rate. Most of the gas-turbine manufacturers have their hands full with orders booked for the next 15 months. The past few years has seen some erosion in PPE prices. The Asian crisis triggered a price war with Korean and Chinese equipment manufacturers supplying equipment at rock bottom rates. A minor uptrend in PPE prices was witnessed in FY00. The silver lining is the healthy growth in demand for gas turbines. The Indian Scenario BHEL has been by far the leading player in PPE with a market share of 65% of the installed base in India. Other players are Siemens, GE, Alstom, Ansaldo and Hanjung. BHEL, Siemens and ABB (now Alstom) dominated the Indian power plant equipment industry till 1991. With IPPs and international competitive bidding setting in, players like Mitsubishi, Hanjung, Hyundai and Chinese manufacturers are also making their presence felt. Steam turbines are expected to continue to dominate and grow in the Indian context due to abundant availability of coal and increasing demand for cogeneration. The annual demand for PPE in India is around Rs80bn. Services and R&M account for around Rs2bn per annum. Cummins, Wartsila and Hindustan Powerplus are the leading suppliers of diesel engines / gensets for captive power plants T&D Equipment The major equipment include switchgear and transformers. A switchgear is an electrical device that is used to control the electrical power in such a manner that the load to be fed by the power remains safe from excessive voltage and voltage fluctuations. The main players are ABB, Siemens, L&T, Crompton Greaves and BHEL. Unorganised sector dominates the LT switchgear industry, where imports are also rampant. Transformers are devices for stepping up & or down electric voltage or current. The major players are ABB, Siemens, Crompton Greaves, BHEL, Alstom, Emco and Bharat Bijlee. The unorganised sector and imports are again present in LV transformers.

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