Uniper and India Power form 50-50 joint venture in power plant service

• 7 years ago (2016-09-02)
• David Flin

Africa 306 Asia 860 Australasia 51 Biomass 8 Climate change 20 Coal 282 Cogeneration 1 Concentrating solar 5 Cyber security 8 Decarbonisation 1 Decentralised energy 5 Demand side management 2 Demand side response 2 Digitalisation 10 Distributed energy 10 Distribution 113 Electric vehicles EVs 4 Emissions 61 Energy management 1 Equipment 2 Europe 1069 Gas 379 Gas engine plant 62 Gas fuel 2 Horizon 2 Hydroelectric 17 Hydrogen 56 Hydropower 116 Latin America 77 Maintenance 3 Marine 1 Metering 2 microgrid 5 Middle East 317 North America 1004 Nuclear 643 Offshore wind 119 Oil 18 Operations 4 Policy 8 Regulations 3 Renewables 758 smart grid 2 Solar 250 Storage 41 substation 8 Tepco 2 Tidal 2 Toshiba 4 Transmission 181 US Senate Washington 4 Wind 241

---

India Power Corporation (IPCL) and the German-based Uniper Power have agreed to set up a 50:50 service company joint venture, to be called India Uniper Power Services. The new company will offer customised services to customers in India, including plant operations and maintenance, lifecycle extension, supply and integration of pollution control equipment and systems, and increasing flexibility of power units.

A substantial portion of India’s energy portfolio is expected to remain coal-based, given the country’s large coal reserves. At the same time, renewable energy sources are also expected to see substantial capacity addition.