Globally, industries are the most energy-consuming and carbon-emitting end-use segment. With rising industrial activity and increasing investments in new capacities, their energy consumption is set to grow, necessitating the urgency to shift to sustainable technologies that address the challenge of rising power costs and carbon emissions. These developments are driving a shift in their capex towards energy transition, centred around energy efficiency and utilisation of waste.
Energy-efficient industrial heating and power solutions and thermal renewable steam turbines are gaining prominence. Being a globally leading player in the segment, our solutions are more relevant than ever. We have devised a robust growth strategy to address the world’s energy needs and, in the process, ensure our sustainable long-term growth.
We are one of the leading players in industrial heat and power solutions in India, serving the needs of a wide range of sectors. Most of our business in the domestic market is from power generation applications (using MSW, biomass, waste heat and fossil as the fuel), energy-intensive segments (Steel and Cement) and segments like comes from sugar, distillery, food processing, pulp & paper, chemicals and oil & gas for combined heat and power applications.
We have multiple offices across strategic locations in India, to ensure reach to customers and service them better.
We have a base in over 80 countries with offices in Europe, West Asia, Southeast Asia, and Africa. We have established extensive local competencies in these markets, including local teams and aftermarket support. Despite the global macro challenges, we continued to witness strong demand from all regions including the Middle East and North Africa, Europe, Turkey and the Americas, highlighting our growing competencies and the criticality of steam turbines, especially the thermal renewable solutions. We witnessed from different segments, from biomass industries to oil and gas, above 30 MW and even sub-30 MW.
With the US being a market where investments are more prevalent and having incentives towards energy efficiency, the operationalisation of our office in this location opens new growth opportunities.
We have installed over 6,000 turbines globally. We are leveraging these extensive reference sites to showcase proven performance and reliability to potential customers, helping generate more enquiries and converting them into orders.
The industrial sector is undergoing an energy transition, targeted around energy efficiency and waste utilisation to address the urgency of minimising carbon emissions, climate change and lowering power costs.
At TTL, we are addressing the challenge of energy equity, security and sustainability with our advanced and cost-competitive turbines that are driving higher energy efficiencies and lowering emissions. Through our ongoing innovation, we are continually establishing energy conversion benchmarks. Our renewable portfolio in areas of Waste Heat Recovery, Waste-to-Energy including Municipal Solid Waste (MSW), Geothermal, Biomass IPPs, are enabling customers across diverse sectors to advance decarbonisation and sustainability.
