Power Sector Manufacturers Plan ₹32,000 Crore Capex to Expand Capacity and Support Energy Transition – EQ
In Short : Power sector equipment manufacturers are planning nearly ₹32,000 crore in capital expenditure to expand production capacity and meet rising demand from transmission, renewable energy, and grid modernization projects. The investments aim to strengthen domestic manufacturing, reduce imports, and support India’s energy transition. The capex push reflects strong order books, policy support, and accelerating infrastructure development across power sector.
In Detail : Power sector equipment manufacturers are planning capital expenditure of around ₹32,000 crore to expand capacity and meet growing demand across generation, transmission, and renewable energy segments. The planned investments reflect increasing project activity and the need to strengthen domestic manufacturing capabilities in the power sector.
The surge in demand is being driven by rapid expansion of renewable energy projects and transmission infrastructure. As India accelerates solar and wind installations, manufacturers are preparing to scale production of transformers, switchgear, cables, and other critical equipment required for grid connectivity.
Companies are also investing in advanced manufacturing technologies to improve efficiency and quality. Automation, digital monitoring, and modern production lines are expected to enhance output while reducing lead times for utilities and project developers.
The planned capex is aimed at addressing strong order books across the industry. With multiple large-scale transmission corridors and grid expansion projects underway, equipment suppliers are witnessing sustained demand from both public and private sector developers.
Manufacturers are also focusing on supporting grid modernization initiatives. Investments will help produce equipment designed for high-capacity transmission, smart grids, and renewable integration, which are essential for managing variable power generation.
The push for domestic manufacturing aligns with government initiatives promoting self-reliance and local production. Expanding local capacity can reduce dependence on imports and improve supply chain resilience for critical power sector components.
Industry players expect that the investments will generate employment opportunities and strengthen the broader supply ecosystem. Increased manufacturing activity is likely to benefit component suppliers, logistics providers, and engineering service companies.
The capex plans also reflect confidence in long-term growth of the power sector. Rising electricity demand, electrification of transport, and industrial expansion are expected to drive continuous investment in power infrastructure.
With ₹32,000 crore in planned investments, power sector manufacturers are positioning themselves to support India’s expanding energy infrastructure. The capacity expansion is expected to improve equipment availability, accelerate project execution, and play a crucial role in enabling the country’s clean energy transition.
