COVID 19 & Market Opportunity for FGD Systems and Other APCE in India Till 2025

5019 MW of Coal-based power capacity in India on the radar of being shut down, due to delays in submission of a plan for emission control norm

Due to the strict environmental norms, coal-based power plants across India are in the process of installing & upgrading FGD systems, ESPs and other air pollution control equipments. An opportunity of approximately 166 GW lies under for APCE value chain players till 2022.

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 166.4 GW of thermal power capacity has been targeted to install flue gas desulphurization (FGD) systems in a phased manner by 2022. Apart from this, the thermal power units that are already hitting the operational age of 10-15 years do hold significant business potential for efficiency up-gradation & installing air pollution equipment control equipments in the years to come.

• FGD & APCE Market in India - Know How & Impact of Pandemic
• Market Opportunity for FGD & APCE for Industrial Usage till 2025
• Market Opportunity for FGD & APCE for end-use type till 2025
• Demand Assessment & Opportunity Examination for FGD Systems & APCE by Equipment Wise Type till 2025
• Examining the Market Share, Market Size and Competition Landscaping of Major OEMs in FGD & APCE Market
• Maintenance, Repair & Overhaul (MRO) Market Opportunity for FGD Systems & APCE in India till 2025
• Region-Wise Market Opportunity for FGD Systems and APCE in India Till 2025
• Market Opportunity Split for Key-Value Chain Players in FGD & APCE Market in India till 2025
• Tracking Key Projects

• 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 path finding guide for all stake holders through quality information and analysis
• Free query handling and analyst support for three months from the date of report procurement

• Pandemic Impact on Indian Power Sector – Overview
• Lockdown 3.0 to New Normal of Indian Power Sector – Power Generation, Transmission, Distribution and Market Transactions
• Pre & Post COVID 19 Power Demand Supply Assessment – Regional Analysis
• Cascading Impact of COVID 19 upon commercial categories of consumers & the business case of open access transactions – A Region Wise Split Examination
• Aftermath of COVID 19 and the industrial consumers demand shape up – Tariff based factor analysis with state wise index based upon intense primary market research feed
• Pandemic and the impact upon the domestic consumers – How shall the work from home alter power demand and supply under this category
• Manufacturing reshoring from China to India – Definitive impact upon the power supply & demand dynamics on state-based index funneled till city wise parametric analysis

• MOEFCC mandating installation of FGD units in all thermal power plants
• Stringent emission norms for major polluting industries identified by CPCB in India to offer great business case for air pollution control equipments
• 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
• 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
• NTPC announced the installation of FGD systems across its units
• Approximately 148 GW of thermal power capacity needs installation of FGD systems in India
• 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 2021 in upgrading its brownfield refineries to enhance the efficiency
• L&T has received an engineering, procurement and construction (EPC) order to set up flue-gas desulphurisation (FGD) system at Vindhyachal Super Thermal Power Station at stage-I & II (6x210 mega watt (MW) & 2x500 MW

• Original Equipment Manufacturers (OEMs)
• Equipment Sub contractors/Suppliers
• Pollution Control Equipment Manufacturers/Suppliers
• FGD Manufacturers / Suppliers
• Engineering , Construction and Procurement Players
• O&M Service Providers
• MRO Service Providers
• Thermal Power Plant Developers
• Captive Power Plant Developers
• Iron & Steel Manufacturers
• Rubber & Plastic Manufacturing
• Fertilizer Manufacturing
• Refineries & Petrochemical Plant Owners
• Government & Regulatory Bodies
• Research Institutions/Bodies
• Funding Bodies/Banks

• BHEL
• Siemens
• GE
• Tata Projects
• L&T
• Enviropol Engineers
• Technip India
• ISGEC Heavy Engineering
• Mitsubishi Heavy Industries Systems
• Thermax
• Ducon Technologies
• Clyde Bergmann
• AOF Filtration Systems
• IMECO Limited
• NGSL
• TTPL
• MET Technology