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INNOVATION                                                                                                                                                                                          JSW ENERGY BOLT  |  ISSUE 1

        machine #4 inside the               The newly fabricated "HEAVY  on bringing governess to                               UPDATE ON POWER

        KWHEP Complex. They made  DUTY PULLER" shifted to the                   the society. As we want

        a visual inspection and see         Unit #4 and the team Lead           something capture the
        the appliances being used           by Mr Gopal start working on  imagination and catalyses                                    SECTOR IN INDIA
        by the maintenance team             the GUIDE VANE to take it out  change. There is something

        already engaged on the              from housing. With a great          more fundamental at play

        machine. It was everything          willpower and hard labour           when it comes to the dearth
        available at the spot to take       ultimately, our team get            of disruptive innovation.                      The recent years have been challenging                  corresponding period last fiscal.
        the GUIDE VANE OUT from             success to pull the fully           These small-small " START                      for the Indian Power sector. The exuberant              The high demand growth has reflected in

        the housing. Our team took          seized GUIDE VANE out from          UPS " have been able to do                     growth prospectus in the Industry led to                the merchant power markets with spot

        close stock of the situation        the housing. Everybody              what most large                                an overcapacity built-up during 2012-17                 tariffs touching an all-time high of Rs
        and even the confined area          involved with this activity         innovation-oriented                            and disrupted the demand-supply                         19.99 per unit in October’18. On a monthly
        to work. After taking detailed  OVERWHELMED with joy on                 organisation haven't. We                       dynamics. This was compounded with                      average basis, the tariff touched an

        input from the team                 the successful extraction of  would like to evolve the way                         other issues such as constraints in                     8-year high of Rs 5.94 per unit in

        involved, our team came             seized guide vane in a              world moves by seamlessly                      domestic coal and rail infrastructure                   October’18. The average tariffs have
        back to the workshop. It            safest way.                         connecting riders to drivers                   availability, time & cost-overruns during               inched up sequentially from Rs 2.42 per
        was an IDEA come up in the                                              through an IDEA of                             construction, lack of long term power                   unit in FY17 to Rs 3.26 per unit in FY18 to
                                            Impact of solution to the                                                          purchase agreements and working
        mind of Mr. Gopal Bahadur                                               innovation. Our belief is in to                                                                        Rs 4.17 per unit in FY19-YTD.
                                            business?                                                                          capital constraints.
        Chattria F/M. The IDEA was                                              get "RIGHT BRAIN INPUT" like
        to fabricate a "HEAVY DUTY          It was certainly a big              we did by generating idea                      Nevertheless, the steady increase in                    The Renewable segment, however, is
        PULLER" which technically           attempt to get success              and fabricate a HEAVY DUTY                     power demand over the last 6 quarters                   lagging the target. Since April’18, only ~5

        suit the situation and the          without any damage to               PULLER to solve the problem                    has been the glimmer of hope for the                    GW of renewable capacity has been

        confined space. Limited             associated components as            occurs.                                        sector, which is further aided by robust
        space was the biggest               well as to the team involved        How the team felt on the                       GDP growth and improving financial
        hurdle to take the Unit out.        to execute the work. The            problem being resolved?                        health of state distribution companies.

        By keeping all constraints in       team realize that the puller

        mind our team, start                they made works rather              My team did a wonderful                        In April-November’18 period (FY19-YTD),
        fabricating heavy-duty              differently than they               piece of work, it saves lots                   power demand registered a strong growth
        puller. With whole heart,           planned. From success               of time, fund etc. We wish                     at 6.5% on a YoY basis. Mirroring demand,

        soul, and bodily hard work          perspective it was                  good work must reflect one                     generation growth also improved by 6.5%

        put in to fabricate the puller      outstanding IDEA suit the           way or other.                                  YoY. In the month of October’18, power
        in limited span of 8 hrs            most for the situation. We                                                         demand grew at a rate of 11.5% YoY led by
        which includes machining,           believe that innovation is a                                                       festive demand in south & west regions,

        cutting, welding, machining,  strategic priority and more                        Team Members                          fall in wind & hydro generation and

        and fitting. Before use in the  than a third see appliances.                                                           domestic coal shortage amongst other
                                                                                  Mr. Gopal Bahadur Chhatria                   seasonal factors. This has led to the
        power house it was tested           It is our belief to create a
                                                                                  Mr. Jasbir Singh                             thermal PLFs improving to 61.2% in
        at shop floor.                      team of internal
                                                                                  Mr. Vivek Negi                               FY19-YTD vis-à-vis 59.0% in the
                                            accelerators wholly focused

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