Leading private sector manufacturing majors are not keen on the super-critical thermal power plants, which are slowly becoming the norm for the power-generation sector. In contrast, government-owned manufacturing major BHEL is pinning its growth plans in the power sector on this new technology.
Fueled by energy transition objectives and stiff competition from state-owned BHEL in this segment, companies such as Larsen & Toubro (L&T) and Thermax, typically big component suppliers to the thermal power industry, are stepping back from thermal power.
This includes distancing themselves from the new and emerging super-critical technology. Super-critical power plants operate with 20-30

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