Reliable power is essential for industrial manufacturers, going beyond mere operational needs. In a conversation with ET Digital, Raman Chopra, CEO & Whole-time Director of Caparo Power Limited, talks about building a gas-based group captive power business in Bawal, scaling capacity from 26 MW to 35.73 MW, and serving over 30 industrial customers. Chopra also talks about the company's expansion plans, the evolving role of gas in India's energy transition, and how the increasing demand for continuous power from manufacturing units and data centres might create new business opportunities. Edited excerpts.
The Economic Times (ET): What was the reason behind starting Caparo Power? Looking back after more than a decade, how has that original vision evolved? What have been the biggest milestones in scaling from a 26 MW plant to a 35.73 MW operation serving over 30 industrial customers?
