Future of thermal power plant in India

The future of thermal power plant especially coal based, will be in a not favourable position, I reckon.

Main reason- Environmental impact due to the emissions from fuel used, shortage of high quality fuel (low moisture content), scarcity of water & its quality.

We are well aware about the Conference of Party (COP21) Summit held recently in Paris. Their the talking point is all about global warming & minimising the greenhouse gases. For this they recommended avoid utilising excessive power from carbon footprints like Coal based powerplant and prefer renewable power viz. Solar Energy, Wind Power etc.

In order to meet the environment target benchmarked in the COP 21 meet, India should minimise the particulate matter from powerplant or they should go for non conventional way of getting power.

Our Government of India has already set a stringent norms for the emissions from powerplant. For the green bid they have modified the standards from earlier one.

1) The new standards are aimed at reducing emission of PM10 (particulate matter), Sulphur Dioxide, and Oxide of Nitrogen, which will in turn help in bringing about an improvement in the Ambient Air Quality (AAQ) in and around thermal power plants

2) In case of PM10, the new plants (Installed after Dec 31, 2016)  will have to restrict the emission to 30 mg per cubic meter as compared to 100 mg per cubic meter in older plants.

3) Similarly, in case of SO2 and NOx, the new plants will have to restrict the emission at 100 mg per cubic meter as compared to 600 mg per cubic meter of the older plants, irrespective of the installed capacity of the power generating unit.

Now in order to meet this norms Power suppliers will invest/ cautious in spending more in sophisticated pollution control equipments. The cost of power generation may increase.

Also power producers may think of switching over from sub critical boiler pressure to super critical boiler pressure for maximizing the efficiency. This needs technological advancements (Engineering level) & huge investments in special materials for manufacture of boiler & its auxiliaries.

Hence switching over to renewable energy will be in increasing trend. But they (renewable energy) wont fulfil our energy demand completely.

Important words from Nokia CEO " We didn't do anything wrong, but somehow, we lost!

Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”

During the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. Upon saying that, all his management team, himself included, teared sadly.

Nokia has been a respectable company. They didn’t do anything wrong in their business, however, the world changed too fast. Their opponents were too powerful.

They missed out on LEARNING, they missed out on CHANGING, and thus they lost the opportunity at hand to make it big. Not only did they miss the opportunity to earn big money, they lost their chance of survival.

The message of this story is, if you don’t change, you shall be removed from the competition.

It’s not wrong if you don’t want to learn new things. However, if your thoughts and mindset cannot catch up with time, you will be eliminated.

Conclusion:

1.    The advantage you have yesterday will be replaced by the trends of tomorrow. You don’t have to do anything wrong, as long as your competitors catch the wave and do it RIGHT, you can lose out and fail.

2.    To change and improve you is giving yourself a second chance. To be forced by others to change, is like being discarded. Those who refuse to learn & improve, will definitely one day become redundant & not relevant to the industry. They will learn the lesson in a hard & expensive way.

3.    Improvement is always open to those who are willing and determined to do it gradually.