By Priya Nigam
There are far too many reports of a slowdown in the domestic economy and of inflation-related concerns. We can’t seem to get over talking about the subprime crisis, the credit crunch and the global deceleration. What we tend to forget at times is that India continues to grow … and, that too, at a good pace. For any economy that is growing at a healthy rate, the generation of power becomes critical. According to government data, our domestic power generation equipment market could see demand growth of 15,000-16,000 MW per annum in the coming decade.
