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Electricity prices revised in India. Inefficient equipment no longer feasible for use in the Industry

Electricity prices revised in India. Inefficient equipment no longer feasible for use in the Industry

Electricity prices revised in India. Inefficient equipment no longer feasible for use in the Industry

  • By admin
  • 14-06-2024

Owing to price rise and the severe shortage of electricity in the country, most states of India have seen a sharp rise in the price of Electricity. Industrial setups in the NCR region, Haryana, Punjab, Maharashtra, Kolkata, Andhra Pradesh, Tamil Nadu and Karnataka have been severely hit with this price rise.

It is no longer feasible to run equipment which is not energy efficient as the increase in production cost is phenomenal.

For example, if you replace a 200kW Vacuum Tube Welder with a 200kW Unitherm Solid State Welder, you will save nearly Rs. 29,00,000/- (Twenty Nine Lacs) just on account of energy savings in one year under standard operating conditions ! This amount is a substantial saving and results in the pay back of your machine in less than 18 months.

In an industry which is highly driven by the market prices, it is imperative to minimize production costs in order to survive.

A step in this direction, which nearly all industries are taking is eliminating or replacing all energy inefficient equipment from the production line. This trend can be seen in all scales of industries worldwide.

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