Our Managing Director Ravi Krishnan was asked to comment on an article addressing the current status of India's power industry and initiative to reduce Nitrogen Oxide, Sulfur Dioxide and Particulate Matter Emissions from Indian coal fired plants. The article appeared in the June Issue of POWER Magazine.
Ravi Krishnan, founder of global consulting firm Krishnan & Associates, also cited in the report, told POWER that competition among pollution control manufacturers is fierce in India. “I personally don’t believe that there’s a shortage of suppliers because there are at least 30 to 35 emission control companies around the world who are all centered into India, because the market for worldwide coal-fired emissions control technologies are dwindling. Coal-fired power plants are no longer being built in many parts of the world and some are being shut down because of revenue pressures from gas.” Krishnan said demand for emission control technologies is dependent on new markets like India. “In fact, at a recent bid at NTPC, I think there were close to 25 to 30 suppliers. There are a lot of Chinese, European, American, Korean, and Japanese suppliers with [joint ventures] in India,” he said.
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