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Generators to Grid: Fuelling India's Growth
7 Oct
Summary
- India's electricity demand to surge 6.4% annually until 2030.
- TD Power Systems makes generators for diverse energy needs.
- APAR Industries supplies critical transmission infrastructure.
India's industrial expansion is driving a substantial rise in electricity demand, with the International Energy Agency (IEA) forecasting a 6.4% annual surge through 2030. This increased need is met by a growing renewable energy sector, necessitating robust generation and transmission infrastructure.
TD Power Systems is a key player in the generation phase, manufacturing generators for diverse applications including industrial plants, captive power projects, and data centers. The company has seen significant order book growth, with exports forming a large portion of its business as of June 2026.
Complementing generation, APAR Industries addresses the transmission challenge. Its conductor business provides essential components for expanding and upgrading power lines, crucial for connecting renewable energy sources to demand centers. The company also has a significant presence in cables and an oil business that aids earnings stability.
Together, these companies represent vital links in India's expanding industrial and power ecosystem. While TD Power enhances generation capacity, APAR ensures electricity can efficiently travel to factories and other demand points, underscoring the interconnectedness of India's manufacturing growth strategy.
