Our Indian power sector is transforming from old conventional system to sustainable and energy efficient smart system. New and smart projects require huge capital expenditure over a period of time. Consequently, the regulators must ensure that risk is to be least for investors and rational...

During the development cycle, the task that often takes longest time is production of prototype, which may itself be costly and also delay testing. If the prototype performance is not adequate, the design may have to be changed and the prototypes have to be reproduced until they meet the design...