We will Setup Three Mfg Zones to Make Products Here; Provide Land at Feasible Rate: RK Singh

We want products to be manufactured here for which we will provide land at a feasible rate and for this we have a scheme where we will set up three manufacturing zones around the country, said RK Singh, Minister of Power and Ministry of New and Renewable Energy.

The Minister was speaking during the inauguration of Indian Electrical and Electronics Manufacturers' Association’s (IEEMA’s) 4^th edition of Distribuelec exhibition scheduled from February 16-20, 2021 virtually.

Singh further said that, “we have brought sea changes in the power sector. We were power deficit but now we are power surplus nation. The demand for electrical equipment will be all time high in times to come with the numerous reforms undertaken to strengthen and modernise the distribution sector with the investment of Rs 3.05 lakh crore in the next five years.”

“I invite electrical companies to set up their industries and manufacture components, which we are importing. This will give a boost to our AatmNirbhar Mission,” he added.

Simultaneously with Distribuelec, IEEMA is organising Buildelec exhibition and a technical conference Intelect to bring Power Distribution stakeholders – DISCOM, Consumer, Electrical Operational Technology (OT) and Information Technology (IT) – on one platform to conduct business.

Speaking during the occasion, Anil Saboo, President, IEEMA, said, “during this challenging Covid times, we all are extremely happy with the Power Minister’s support to the electrical equipment industry. For the first time in history, Power has become the talking point in the budget along with Railways and Roads. The infusion of Rs 3.05 lakh crore with make discoms viable thus improving the overall efficiency. There is an increasing need for a digitised, automated and controlled power system for optimising power flows and reduce losses. Technology is the only enabler for enhancing sustainability and reliability of the power distribution system.”

“Keeping ‘Make in India’ as a priority, this year we have more focus on effective use and impact of Renewable Energy in the Distribution, advanced digital solutions, implementation of Cyber security measure in Distribution grids and electric vehicle charging infrastructure. In Distribuelec this year, there will be participation from buyers of various countries of Bangladesh, Nepal, Srilanka, Middle East, Africa, CIS and Latin America,” said Sandeep Zanzaria, Chairman, Distribuelec.