India Power Ministry to Launch GARV-II App to Promote Rural Electrification
GARV app
are used to provide data of rural electrification pertaining to un-electrified
villages, thereby creating the demand for power and distribution transformer
market in the country.
India: Power Ministry is all set to launch GARV-II app
to ensure transparency in rural electrification program. The app would be able
to provide real time data of all six lakh villages in the country. The app
would also enable common people to participate in development work and provide
any useful input for expedition of the process. The electrification work will
be open to public scrutiny as well.
According to an official “the objective of
GARV-II is to ensure electricity access to all households as government has
already electrified over 11,000 villages out of 18,452 un-electrified villages. Power Ministry is all set to launch GARV-II app to ensure transparency in
rural electrification program.
TechSci Research depicts that with the utilization of GARV app and
increasing power generation capacity would able to meet the rising demand of
electricity at un-electrified villages in India. The government has taken up
various initiatives including Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY)
for electrification of rural pockets of India, which has spurred significant
investments in the country’s power sector. Notable technological upgrades are
underway to reinforce the country’s transmission and distribution network,
which would continue to drive the demand for power and distribution
transformers in India.
According to released report of TechSci Research “India
Power and Distribution Transformers Market Forecast
& Opportunities, 2020”, the
power and distribution transformers market in India is projected to grow at a
CAGR of over 10% till 2020. Power transformers contribute a major portion in
overall market revenues due to their higher price points. Under the 12thfive
year plan (2012-2017), Indian government allocated US$ 200 billion for
strengthening the country’s power generation, transmission and distribution
sector.”