Company Profile

Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of 58% in

India. Over 2,500 steam turbines supplied by Triveni have been installed across 18 industries in over 45

countries, in Europe, Africa, Central & Latin America, SE Asian and SAARC countries. Triveni has provided

reliable, flexible and versatile steam turbine solutions for a broad spectrum of its customers' power generation

needs. Catering to 18 different industry as varied and diverse as co-generation plants in industries like

Biomass IPP, Municipal Solid Waste IPP, District Heating, Palm Oil, Paper, Sugar, Naval, Textiles, Metals,

Cement, Carbon Black, Solvent Extraction, Pharmaceutical, Chemicals, Petrochemicals, Fertilizers, Oil & Gas

Municipal Solid Waste based Independent Power Plants (IPPs), Captive Power Plants (CPPs) to name a few.

Triveni turbines have an average uptime of 99%.

As part of aftermarket services, TTL supplies spare parts and provides turbine related services to various

clients in respect of turbines manufactured by it, as well as of other makes. Rising thrust on exports and

aftermarket services will help TTL to tide over the near term slowdown in the domestic turbine business. TTL's

subsidiary GETL, formed as a JV between GE and TTL in 2010, is establishing its presence in the 30-100 MW

steam turbines segment in domestic and overseas markets.

Product line includes Steam turbine and its control system, Gear box, Control oil system ,Lubricating oil

system , Alternator, Electrical metering / control / protection system, Condensing system (as applicable) and

Turbo-visory system ie Instrument control system like Vibration measurement, temperature scanner.

The current market capitalization stands at Rs 4,058.66 crore. The company has reported a standalone sales

of Rs 150.19 crore and a Net Profit of Rs 23.60 crore for the quarter ended Dec 2014.

Share Holding Pattern Financial Details

Industry Information

Global gas turbine market revenue is expected to increase substantially from 2013 to 2020. The market is

driven by the replacement of aging coal plants with modern gas-fired power stations, the growing availability

and usage of natural gas in power generation, strong expansion of the global oil and gas industry, and the

rising need for more flexible generating assets linked to the growth of intermittent power generation based on

renewable energy sources.

Strong growth is anticipated for the years beyond 2016, as the prospects for new gas plants start to improve in

the weak European region and growth accelerates in China and India. The market will expand significantly,

with order levels rising annually from 2015 onwards, before growth trails off towards the end of the forecast

period as emerging markets become more mature and renewable energy becomes a more attractive

proposition for large-scale generation.

A total of gigawatts (GW) of gas turbines are forecast to be ordered over the 2013 to 2020 period. The small-and

medium-sized gas turbine output ranges are expected to grow faster than larger units. This is largely

driven by on-going market uncertainty in the utilities sector, mainly across developed markets, over the future

of carbon markets and the development of renewable energy, affecting the outlook for conventional

generation. Smaller ranges will benefit from the greater need for flexible generating units and the growth of the oil and

gas industry.

The latest generation of gas turbines were initially conceived with greater efficiency as the key goal, but

greater operating flexibility has emerged as the key battleground between original equipment manufacturers

(OEMs). Small- and medium-sized steam turbine output ranges are forecast to rise somewhat faster

compared to the average growth as a result of better financing prospects for smaller plants as well as

industrial applications, including those in the expanding oil and gas industry.

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