EMCO MAY BECOME UMBRELLA SOLUTIONS PROVIDER FOR T&D
Article Abstract:
Emco Ltd plans to offer complete systems solutions to power transmission and distribution (T&D) projects. It plans to acquire turnkey project companies with a good reference list. It plans to offer supervisory control and data acquisition (scada) services to oil and gas pipeline management. It had appointed Coopers & Lybrand for diversification strategies, which were put into practice in 1998-99. Emco Ltd expects its turnover to rise to Rs250 crore by 2000 AD from Rs100 crore in 1997-98. Emco Ltd has project-specific alliance with BSES Ltd and Ircon Ltd. (rk) (kvr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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CAPTIVE WARNING
Article Abstract:
Captive power capacity has doubled in the last five years and is now about 20,000 mw. This increase is due to the high industrial tariffs and the general inability of the state electricity boards (SEBs) to deliver quality power. The large expansion of captive power capacity means that the SEBs are losing their best customers. The SEBs are now collectively registering annual commercial losses of Rs15,000 crore. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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