India historically has been dependent upon coal-based thermal generation at large to meet its baseload requirements which indeed is a polluting source of energy generation. Moreover, aging thermal power units, falling plant efficiencies, rising power demand and the need for meeting global environmental standards is diverting the existing thermal power generation market more towards upgrading and modernizing the existing units than adding up the fresh capacities. In fact about 17 GW of state and centrally owned thermal power capacity was targeted to be upgraded and modernized by the end of 12th FYP. Having said that close to 2 GW of the total targeted capacity has been renovated so far creating an immediate market opportunity for approximately 15.2 GW of carrying over capacity to be modernized. Apart from this, the thermal power units that are already hitting the operational age of 10-15 years do hold significant business potential for repair and maintenance in the years to come. Not only the thermal power units but the oil marketing companies (OMCs) too are investing big in the technological upgradation, expansion, and overhauling of existing refineries. It is pertinent to note that investment to the tune of approximately USD 5.2 Billion, is what Indian refining industry is anticipating till 2020 in developing its brownfield refineries.
KEY QUERIES ADDRESSED
BUSINESS CASE FOR MAINTENANCE, REPAIR AND OVERHAUL MARKET IN INDIA
Contents and Coverage
Unique Selling Points
Key Highlights
Report Insights
Business Case for Independent MRO Service Providers
Business Case for Original Equipment Providers
Business Case for EPC Players
Business Case for MRO Consultants
A Must Buy For
KEY COMPANIES MENTIONED
KEY QUERIES ADDRESSED
- What shall be the opportunity size of MRO in India’s wind power generation segment till 2022?
- What is the current solar power generation scenario in India?
- What is the current status of maintenance, repair, and overhaul in solar power generation sector in India?
- What shall be the opportunity size of MRO in India’s solar power generation segment till 2022?
- What is the current status of refining and petrochemical industry in India?
- What is the current scenario of maintenance , repair and overhaul in refineries & petrochemical industry in India?
- What shall be the opportunity size of MRO in India’s refineries and petrochemical segment till 2022?
- What is the current thermal power generation scenario in India?
- What is the current status of thermal power capacity under maintenance , repair and overhaul in India?
- What shall be the opportunity for MRO players in thermal power plants owned by NTPC till 2022?
- What business case does state-owned thermal power plants hold for MRO players in India till 2022?
- What investment opportunity does privately owned thermal power plants hold for MRO players in India till 2022?
- What is the region wise opportunity track for MRO players in thermal power generation segment till 2022?
- What is the current captive power generation scenario in India?
- What is the current status of captive power capacity under maintenance, repair and overhaul in India?
- What shall be the MRO opportunity for captive power plants with age 5-10 years of existence?
- What shall be the MRO opportunity for captive power plants with age 10-15 years of existence?
- What shall be the MRO opportunity for captive power plants with age 15-25 years of existence?
- What shall be the opportunity for air pollution control equipment manufacturers in India till 2022?
- What is the current wind power generation scenario in India?
- What is the current status of maintenance , repair and overhaul in wind power generation sector in India?
BUSINESS CASE FOR MAINTENANCE, REPAIR AND OVERHAUL MARKET IN INDIA
- Government has identified 7,738 MW of old/aging thermal power units that shall be replaced with energy-efficient supercritical plants with a capacity of 18,560 MW. Under this initiative, the state power generation utilities have marked out 6,608 MW of aging capacity which will lead to the creation of 16,580 MW. The central utilities have marked about 1,130 MW for replacement that will create 1,980 MW of energy efficient capacity
- The new emission standards/norms laid down by environment ministry on cutting down the pollution generated by thermal power plants, steel plants, fertilizer units, refineries & petrochemical units, captive power plants. These norms brings in picture good investment opportunity in pollution control devices. It is anticipated that given the current scenario, cumulative opportunity size for emission control equipment manufacturers stands to be INR 840 Billion till 2022 into thermal power generation segment
- BHEL awarded INR 137 crore for renovation and modernization of electrostatic precipitators (ESPs) of three units of 200 MW each at Ramagundam Super Thermal Power Station (STPS) Stage I (3×200 MW). BHEL is already executing similar R&M projects for NTPC and state utilities including Gujarat State Electricity Corporation and Chattisgarh State Power Generation Company
- An investment to the tune of approximately USD 5.2 Billion, is what Indian refining industry is anticipating till 2020 in developing its brownfield refineries
- Approximately INR 33,414 crores has been invested by major Indian refiners so far expanding, modernizing & upgrading of existing refineries in the country. Of the identified investment tune about 68% is the standalone contribution of BPCL
- Of the total 17.3 GW of thermal power capacity targeted for renovation & modernization in 12th FYP only 2.06 GW has been achieved. 15.24 GW of opportunity exist till 2022
Contents and Coverage
- Maintenance, Repair and Overhaul (MRO) Market for Energy Sector in India
- MRO Market Opportunity in Thermal Power Segment in India and Outlook Till 2022
- Environmental Regulatory & Policy Changes in India’s Thermal Power Segment – Impact Analysis on MRO Market
- Existing Trends in MRO Market for Thermal Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Solar Power Segment in India and Outlook Till 2022
- Existing Trends in MRO Market for Solar Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Wind Power Segment in India and Outlook Till 2022
- Existing Trends in MRO Market for Wind Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Captive Power Segment in India and Outlook Till 2022
- Environmental Regulatory & Policy Changes in India’s Captive Power Segment – Impact Analysis on MRO Market
- Existing Trends in MRO Market for Captive Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Refineries and Petrochemical Segment in India and Outlook Till 2022
- Environmental Regulatory & Policy Changes in India’s Refineries & Petrochemicals Power Segment – Impact Analysis on MRO Market
- Existing Trends in MRO Market for Refineries and Petrochemicals Industry in India – Examining the Market Leaders & Competition
- Project Database
- Our Key Findings
Unique Selling Points
- First hand sector knowledge and inputs
- Primary research inputs from F2F interviews with domain experts
- Experts insights and market reviews taken into consideration
- Validated data and analysis
- Opportunity mapping and market sizing
- Germinates from minds that think fresh to evolve pathfinding guide for all stakeholders through quality information and analysis
- Free query handling and analyst support for three months from the date of report procurement
Key Highlights
- Opportunity track for air pollution control equipment providers till 2022 – Opening of new business segment
- Ranking the players as per competitiveness for thermal power generation segment/ solar power generation/ wind power generation/captive power generation/ refineries and petrochemical units
- Opportunity assessment for “predictive” and “corrective” maintenance in thermal power segment/solar power generation/wind power generation/captive power generation and refineries & petrochemicals
- Plant age wise MRO opportunity track in India for thermal power plants/solar power plants/wind power plants/captive power plants and refineries & petrochemical plants
- State wise business case track in MRO for different industry practices
- Opportunity track for BTG-BoP players in maintenance, repair and overhaul market for thermal power generation segment till 2022
- Opportunity track for independent MRO service providers until 2022
- Opportunity track for turbine manufacturers, generator manufacturers, gearbox and other equipment suppliers in maintenance, repair and overhaul market for wind power generation segment till 2022
- Opportunity track for solar panel manufacturers, structure manufacturers, Solar Cell Manufacturers, Inverter Manufacturers etc in maintenance, repair and overhaul market for solar power generation segment till 2022
- Ranking of players in MRO business segment in India as per competitiveness for each identified industrial segments
- Profiling of top two players and examining the challenges for new market entrants into the MRO segment
Report Insights
- Examining Current MRO Market Opportunity in India– Track of Business Case in Volume & Value, 2015-2018
- Industry Practice – Thermal Power Generation
- Industry Practice – Captive Power Generation
- Industry Practice – Refineries & Petrochemicals
- Industry Practice – Solar Power Generation
- Industry Practice – Wind Power Generation
- Forecasting MRO Market Opportunity in India– Outlook of Business Case in Volume & Value, 2018-2022
- Industry Practice – Thermal Power Generation
- Industry Practice – Captive Power Generation
- Industry Practice – Refineries & Petrochemicals
- Industry Practice – Solar Power Generation
- Industry Practice – Wind Power Generation
- Regional Market Opportunity for MRO in India and Outlook – Track of Business Case in Volume & Value, 2015-2018 & 2018-2022
- Opportunity in Northern Region States of India for Indicated Industry Practices
- Opportunity in Western Region States of India for Indicated Industry Practices
- Opportunity in Eastern Region States of India for Indicated Industry Practices
- Opportunity in Southern Region States of India for Indicated Industry Practices
- Existing Trends in MRO Market in India – Examining the Market Leaders & Competition
- Tracking the market capitalization trends for MRO in Thermal Power Generation Industry
- Tracking the market capitalization trends for MRO in Captive Power Generation Industry
- Tracking the market capitalization trends for MRO in Refineries & Petrochemical Industry
- Tracking the market capitalization trends for MRO in Solar Power Generation Industry
- Tracking the market capitalization trends for MRO in Wind Power Generation Industry
- Projecting Business Case for the Classified Value Chain Players till 2022
Business Case for Independent MRO Service Providers
Business Case for Original Equipment Providers
Business Case for EPC Players
Business Case for MRO Consultants
- Covering Database of total 500+ Existing and Upcoming Projects for MRO in India for all the Regions
- Industry Practice – Thermal Power Generation
- Industry Practice – Captive Power Generation
- Industry Practice – Refineries & Petrochemicals
- Industry Practice – Solar Power Generation
- Industry Practice – Wind Power Generation
A Must Buy For
- Independent Maintenance, Repair & Overhaul (MRO) Service Providers
- Original Equipment Manufacturers (OEMs)
- Equipment Subcontractors/Suppliers
- Pollution Control Equipment Manufacturers/Suppliers
- Engineering, Construction and Procurement Players
- MRO Consultants /Consulting Agencies/Firms
- Thermal Power Plant Developers
- Captive Power Plant Developers
- Solar/Wind Power Plant Developers
- Refineries & Petrochemical Plant Owners
- Government & Regulatory Bodies
- Research Institutions/Bodies
- Funding Bodies/Banks
KEY COMPANIES MENTIONED
- BHEL
- L&T
- GE Power
- Tata Projects
- Thermax
- ISGEC
- Hindustan Dorr-Oliver Limited
- MHI Engineering & Industrial Projects
- Toyo Engineering
- Sterling & Wilson
- Technip India
- Steag Energy Services
- Nuberg Engineering Limited
- Srei Infra and many more
Table of Contents
Contents and Coverage
- Maintenance, Repair and Overhaul (MRO) Market for Energy Sector in India
- MRO Market Opportunity in Thermal Power Segment in India and Outlook Till 2022
- Environmental Regulatory & Policy Changes in India’s Thermal Power Segment – Impact Analysis on MRO Market
- Existing Trends in MRO Market for Thermal Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Solar Power Segment in India and Outlook Till 2022
- Existing Trends in MRO Market for Solar Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Wind Power Segment in India and Outlook Till 2022
- Existing Trends in MRO Market for Wind Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Captive Power Segment in India and Outlook Till 2022
- Environmental Regulatory & Policy Changes in India’s Captive Power Segment – Impact Analysis on MRO Market
- Existing Trends in MRO Market for Captive Power Segment in India – Examining the Market Leaders & Competition
- MRO Market Opportunity for Refineries and Petrochemical Segment in India and Outlook Till 2022
- Environmental Regulatory & Policy Changes in India’s Refineries & Petrochemicals Power Segment – Impact Analysis on MRO Market
- Existing Trends in MRO Market for Refineries and Petrochemicals Industry in India – Examining the Market Leaders & Competition
- Project Database
- Enincon’s Key Findings
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BHEL
- L&T
- GE Power
- Tata Projects
- Thermax
- ISGEC
- Hindustan Dorr-Oliver Limited
- MHI Engineering & Industrial Projects
- Toyo Engineering
- Sterling & Wilson
- Technip India
- Steag Energy Services
- Nuberg Engineering Limited
- Srei Infra
