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Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA

Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA

Interview

REGIONAL AREA MANAGER SOUTH ASIA AND GCC

( ALTANOVA INDIA PVT. LTD. )

IMTEYAZ SIDDIQUI

Within ALTANOVA (a Doble Company) brand, we have six manufacturing brands; ISA, Doble, Techimp, MS, Phenix & Vanguard. ISA, Vanguard & Doble primarily produce Testing Equipment, both off-line & Inservice testing. Through Techimp, we provide products and services related to Partial Discharge/ Insulation Diagnostics.
 
 
Q1-Could you throw some light on the market reach of your company?
 
After the merger of ALTANOVA with Doble, our market reach has expanded extensively. We are now spread all over the globe, from North America to Australasia. Traditionally Doble has been very strong in North America, whereas ALTANOVA has a proactive presence in the rest of the world.In India,we have the presence of both ALTANOVA & Doble subsidiaries, and we have integrated both teams to serve the customers proactively. Within ALTANOVA (a Doble Company) brand, we have six manufacturing brands; ISA, Doble, Techimp, MS, Phenix & Vanguard. ISA, Vanguard& Doble primarily produce Testing Equipment, both off-line & Inservice testing. Through Techimp, we provide products and services related to Partial Discharge/Insulation Diagnostics. MS has solutions related to Dissolved Gas Analysis. Techimp & MS provides global online monitoring solutions for Transformers, whereas we also have online global monitoring solutions for all the electrical assets like GIS, Rotating Machines & cables. Through Phenix, we are providing anything & everything related to High Voltage & Current applications. Hence, to conclude, we can confidently say that now, as a combined entity, we have solutions to almost all the challenges faced by the assets managers.
 
 
 
Q2-What are the market's challenges, particularly in terms of cost, technical advancement, and getting raw materials?
 
 
It is a crazy situation due to the electronic chips shortage and supply chain issues. We all are going through very difficult times as far as the components & raw materials are concerned. The prices are skyrocketing, and the lead time for availability for many electronic components has increased from a few weeks to a few months. That has cast a serious impact not only on the production but also on the R&D and new products launch.I sincerely wish & hope that the situation will improve soon and we shall be coming from this crisis sooner than later.
 
 
 
Q3-What are your views on using new technologies or moving towards digitalization?
 
 
Digitalization, for sure, is the buzzword these days. Most of the new projects are greenfield projects with a focus on digitalization. Moreover, almost all the forward-looking utilities worldwide are also moving towards digitalization for their existing assets Digitalization will improve the electrical network's reliability, leading to reduced downtime and hence improvement in the availability and efficiency of power.On the flip side, we need to be more cautious about the security of our network and strong safeguards against cyber-attacks. Strengthening cyber security will need more attention and budget.
 
 
 
Q4-What are your most advanced solutions to optimize the generation assets?
 
 
We have both products & solutions for the generation companies. We have solutions like online global monitoring solutions for insulation diagnostics based on the inception of Partial Discharge phenomena.We provide on-site testing for PDs of generators and motors present in the generation plants. We are working on many such projects where we help the plant managers classify their assets based on the PD data trend and help them move from Time Based Maintenance (TBM) to Condition Based Monitoring (CBM). This asset classification gives them a clear picture about the aging of their individual assets, thereby helping them better plan their future replacements.We also provide consultancy to our customers for Root Cause Analysis of any asset failure in their plants so that they can avoid similar situations in future. We have a very strong team of experts in different offices spread over different parts of the world. For more than 100 years, the experts of Doble have been known for their knowledge and sharing them with our customers/partners through regular conferences & workshops.
 
 
 
Q5-What is the Doble- Altanova's other recent strategic developments?
 
 
Total Customer Satisfaction has always been our motto,whichthe merger of ALTANOVA & Doble has further reinforced. We have now a local presence in more countries, and our customers have very well taken this. This merger has increased our team size. We are continuously improving the knowledge level of our team by providing cross-training to our engineers. These training are helping us provide the complete solutions to the customers by the local engineers for both ALTANOVA and Doble range of products & solutions. The combined team in India is buoyant and fully geared to work in tandem and continue to delight our customers. Even the locations of two offices, in Noida & Vadodara, gives us a strategic advantage in reaching our customers faster.
 
 
 
Q6-How do you define your brand values?
 
 
I firmly believe that brand values are defined by the market we serve, and our customers make a brand successful or fail. However, our mission or vision statement gives us the direction and roadmap to operate and grow."ALTANOVA, a Doble Engineering Company, provides diagnostic solutions to utilities and industries to improve the performance of their electrical assets through portable testing equipment, advanced monitoring systems, and professional services".The entire ALTANOVA team, inspired by the power of the above statement, is contributing their best to improve our customer's experiences.
 
 
 
 
Q7-What is your outlook onthe electrical industry?
 
 
Despite the current situation due to the supply chain issues, shortage of electronic chips, skyrocketing prices for raw materials, and a few countries going through economic recessions, I am quite positive that the electrical industry will keep growing. Electricity,an essential part of our lifestyle, will continue to be in demand. The current demand for Electrical Vehicles itself requires such a huge infrastructure. In other words, every innovation nowadays is dependent on electricity. Hence, I firmly believe that our sector will continue to grow, and we, as ALTANOVA Group, will continue to contribute our bit to ensure that we all get reliable and efficient power to run our day-to-day life easily.