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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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