As per the Central Electricity Authority, the installed generating capacity of captive power plants (CPPs) stood at 78 GW across industries. The increase is at a CAGR of 8.9% between March 2012 and March 2020. Post Covid the same is only to increase.
45% of this is from plants with 100 MW & above generation and with regards to the end-use industry, metals and minerals account for maximum share (~40%) of tracked captive capacity. This being also one of the most price sensitive industry.
In case one fails to get maximum reliability as well as efficiency out of this massive investment ends up affecting the organisation’s profitability. Assuming to achieve these goals out of traditional working would today prove very costly.
As industry 4.0 technology continues to advance, digitising them and using data harnessed to develop machine-learning solutions deliver some terrific value virtually instantaneously by optimized decision making and decreased surprises.
Energy 4.0 encompasses imbibes next -gen technologies that will digitally transform the energy and utility industry and facilitating intelligent manufacturing.
Ecubix has already been helping many Power & utility companies for their journey based on the goals of efficiency, cost and asset longevity. Thus using this experience we have developed a readymade tool DP3MS to prepare captive power units for today’s cloud-based Energy 4.0 technologies that incorporate loT devices.
Our very interesting Executive Roundtable will gather Experts from the Power sector who will share best strategic insights on how IoT technology is rapidly gaining adoption among oil and gas companies because it modernizes operations through expanded data analysis. The session will bring out some insightful thoughts on technology is steadily being embraced by large manufacturers as well to streamline operations.
7th June 2023, Wednesday
3:30 pm To 5:00 pm (IST)
90 minutes + Q&A
