Page 147 - CW E-Magazine (11-6-2024)

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ION
For instance, within the Indian cohort, growth, albeit from a much lower their annual reports. For instance, out CHEMICALS
pharma fi rms have ranked at the top baseline, compared with global fi rms of 10, the average Indian R&D disclo-
in the R&D intensity and proportion and scored well in R&D disclosures to sure score was 6.2 as compared to the
of Ph.D. employees. Defence fi rms, the public. However, the fi ndings also average score of 3.7 in case of global
on the other hand, have scored better underscore the need for Indian fi rms fi rms.
in publications by revenue parameter. to increase their performance in both
Meanwhile, chemical firms have R&D inputs and outputs to perform However, there are some areas
performed best in patents by revenue competitively in the global market,” where the Indian fi rms lag their global
and proportion of Ph.D. employees as said Mr. K. VijayRaghavan, former counterparts. For instance, global
compared to the global fi rms. principal scientific advisor to the fi rms published 355 times more patents
government. than Indian fi rms during the study NEW BIOMASS
“Despite facing challenges such as period as per absolute numbers. Simi-
the COVID-19 pandemic and changes Interestingly, Indian fi rms have larly, global fi rms invested 2.9 times
in the R&D tax regime, Indian fi rms performed exceedingly well in dis- of their profi ts in R&D as compared to BRIQUETTE BOILER
have shown slightly higher R&D closing R&D-related information in Indian fi rms.

FUTURE PLANS FOR SALE
UNUSED PACKED CONDITION
Engie to invest Rs. 7,000-cr for renewable capacity

expansion in India

The Indian subsidiary of French
energy giant, Engie, is planning to double
its installed renewable energy capacity
in India to approximately 2.2 gigawatts MAKE Accessories
(GW) by 2025, according to company Thermax Limited Pressure parts - Shell and smoke tubes assembly with sub system
offi cials. Engie India’s CEO and Coun- Reciprocating grate assembly with sub system
try Manager, Mr. Amit Jain, stated that Screw feeders for fuel feeding along with service hopper
this expansion represents an additional TYPE Grate bed conveyor for continuous ash removal
investment of around Rs. 7,000-crore Combipac with Reciprocating grate Economizer with associated equipment
(approximately $870-mn). System of Lambion, German Technology
ments. “We have 1.25-GW in the pipe- 2023 while employing over 96,000 De-aerator with storage tank
Engie has been active in India’s line, and we hope to commission them professionals worldwide. Chemical dosing system
renewable energy market since 2014 by end-2025 or early-2026,” stated CAPACITY Air Pollution control equipment - ESP (SPM < 30 mg/nm3) with stack
and has thus far invested roughly Mr. Jain. The Pune-headquartered company Mr. Jain highlighted India’s impor- 16TPH, Design Pressure - 26 Kg/cm 2 analyzer system, external chimney
Rs. 8,800-crore ($1.1-bn). Its current in- aims to increase its base to 5-GW by tance in Engie’s global strategy, noting ID, FD fan assembly, integral feed water system
stalled base consists of 800 megawatts 2030. Engie’s global renewable installed the country’s target of adding 800-MW OPERATING PRESSURE Instrumentation, PLC based SCADA control system, Electrical Infra - MCC &
(MW) of solar power and 250-MW of capacity currently stands at 41.4-GW of renewable capacity annually, a signi- 24 Kg/cm 2 VFD
wind energy across seven Indian states. across 31 countries, and the group re- fi cant portion of the group’s global Combustion duct and fuel gas duct system, air compressor with dryer
ported revenues of around $102-bn in 6-GW yearly goal. system, PRV station, weighbridge
The company’s upcoming capac- FUEL Insulation, refractory, support structure, piping, valves, cabling
ity additions include four recently Praxair India to supply nitrogen BIOMASS BRIQUETTE Engineering drawings and documentation
awarded projects totalling 1.05-GW.
Construction has already commenced to Haldia Petrochemicals
on a 400-MW solar project in Gujarat,
while three other projects awarded by Haldia Petrochemicals Ltd. (HPL) Mr. Navanit Narayan, Whole Time Director & GET IN TOUCH
NTPC, NHPC, and SECI – with a com- has signed a contract with Praxair CEO of HPL and Mr. R. C. Kaushik,
bined 650-MW capacity -are slated to India for long-term supply of nitrogen to Head Sales (India & Bangladesh) & +91 99690 52940 santosh.patil@ionchemicals.in Juinagar,
begin construction in mid to late 2024 the HPL plant located in Haldia, West Onsite Business (India), Praxair India +91 86557 19139 www.ionchemicals.in Navi Mumbai
upon signing of power purchase agree- Bengal. The contract was signed by in Kolkata recently.
*images shown are for illustration purpose only
146 Chemical Weekly June 11, 2024 Chemical Weekly June 11, 2024 147

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