Corrective Government Policies and Increased Private Sector Participation can Bolster Growth in India’s Lackluster FGD MarketSummary
The growth of Flue Gas Desulphurization (FGD) systems in India has been moving at a snail’s pace since 2005, when the first contract for FGD was signed by Reliance Infrastructure Limited. The Indian government has not been able to take the right action with respect to the promotion of FGD systems in the Indian market, as is reflected in its ineffective laws and regulations. The price of these units is also low compared to that in western regions, which has had an adverse effect on revenue generation for the FGD market. This lack of short-term benefits has meant not many companies have shown interest in investing in these units. However, installation of these units will definitely help to increase the overall efficiency of the coal-fired plants. Moreover, since India will continue to depend on thermal generation for its electricity requirements for next several years, installation of FGD systems is now extremely pertinent, as it will lead to a significant reduction in sulphur dioxide emissions.Scope
Reasons to buy
- Implementation of stringent regulations by the government can bolster growth of FGD systems in India.
- Use of imported coal will drive the FGD market in India.
- Reliance on coal based generation will provide a boost to the FGD market in India.
- Benefits attached with FGD installation in India.
- Identify key growth and investment opportunities in FGD market in India.
- Gain insight on the advantges associated with installation of FGD systems.
- Developing strategies for greater market penetration of FGD systems in India.
- Facilitate decision-making based on upcoming market developments related to FGD instllations in India.