Enigin Update - Indian Foundries urged to become Energy Efficient
POWER quality and availability is a major stumbling block for the growth of the foundry industry in India, according to N. Krishna Samaraj, the Managing Director of Magna Electro Casting.
Samaraj inaugurated a workshop on “Strategies to Promote Energy Efficiency in the Foundry Sector” organised by the Southern India Engineering Manufacturers' Association (SIEMA) and The Energy and Resource Institute (TERI) on Friday, where he revealed that India had the fourth largest foundry industry globally.
The industry was expected to become the third largest by 2012, but, the stumbling block of the lack of quality and consistency of power was faltering that advance.
At the national-level the distribution of power was a major concern and often across different regions it was exacerbated by power shortages. Globally, there were issues such as global warming and carbon emissions and these problems also need to be addressed across the subcontinent.
The Indian economy is doing well, but energy costs are huge and will increase. Power and energy made up 12 to 17 per cent of the sales cost in foundries, while the global benchmark was seven to 10 per cent.
Some of the issues highlighted in the workshop which are significant in achieving energy efficiency include good management practices, technology and equipment.
“We should find ways to use the wasted energy,” Samaraj said.
Enigin Distributors in India can help industries save energy wasted through energy monitoring and management in real-time with Enigin PLC's Eniscope. Targeted strategies can then be used to reduce waste while maintaining production, allowing reductions in energy bills and demand.
