India Reactive Power Compensation Market is Valued at INR 750 Crores REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The Indian power sector has witnessed radical changes in the past decade. The policy landscape in India progressively evolved since independence. The private sector involvement, policy changes, competition and focus on green energy evolved specially with the passing of Electricity Act 2003. Till the early 1990s, the power sector in India was shielded from any private participation. The penetration of the renewable energy in the overall energy sector in India has shown consistent progress in the last five years. With the formation of the new government and their policies emphasizing on the renewable energy development, the attention towards ensuring stability of the grid increased. The quality of the power being delivered to the customers and the gap in the demand and supply of the power in the major power crunch India is facing today. Due to the massive load growth in India, the stress on the existing power networks had increased with the transmission lines carrying power near their limits. The grid disturbances have increased as well due to the increase in the complexity of the network and non uniform loading due to abnormal voltages. Reactive power management is to control the generator voltages, compensation, variable transformer tap settings, switchable reactor banks and shunt capacitors plus allocation of new shunt capacitors and reactor banks to achieve voltage control and minimize the losses. The reactive power compensation market in India has witnessed a year on year growth in the past five years. The demand of the reactive power compensation equipments and services was driven by the industries and government utilities as well. The reactive power compensation market of India was equally shared by the organized and unorganized sector players. The organized market largely consisted of consumers such as the railways, State Electricity Boards (SEBs), NTPC and other related power sector units and plants, as well as LS manufacturers such as TATA and other core sector industries. The unorganized sector consisted mainly of medium scale and small scale private consumers. In FY’2015, each segment accounted for 50% of the overall demand. The users for reactive power compensation prefer equipments with high economical cost. In most of the case, the users in unorganized segment tend to choose these equipments based on price and others. The reactive power compensation market of India consisted of a number of players both local and international. The market included major international manufacturers such as ABB, Alstom, Emerson Electric, General Electric and others. A major share was occupied by ABB being a major manufacturer of the power factor quality equipments and service provider. For more information on the market research report please refer to the below mentioned link: https://www.kenresearch.com/energy-and-utilities/power/india-reactive-power-compensation-market-report/676-103.html Tags: ABB India Share Market, Commercial Mechanism Power India, Cost Saving Capacitors, DISCOMs demand Power, Emerson Electric Market India, Fused Units India Market, Government Support Reactive Power, Load Management India, Power System Market India, Reactive Power Compensation, Renewable Energy Reactive Power India, Shunt Capacitors Demand, Trends and Development Power India