Posts

Showing posts from July, 2026

What is EBITDA ?

EBITDA = Earnings Before Interest, Taxes, Depreciation, and Amortization . It is a financial metric used to measure a company's core operating profitability before the impact of: Interest (financing decisions) Taxes (tax regulations) Depreciation (wear and tear of tangible assets) Amortization (write-off of intangible assets) Formula EBITDA = Net Profit + Interest + Taxes + Depreciation + Amortization   Why is EBITDA used? Compares operating performance across companies. Removes the impact of financing structure and tax differences. Often used in valuations, mergers & acquisitions, and project finance analyses. Example If a company has: Net Profit = ₹100 Cr Interest = ₹20 Cr Tax = ₹30 Cr Depreciation = ₹15 Cr Amortization = ₹5 Cr Then: EBITDA = 100 + 20 + 30 + 15 + 5 = ₹170 Cr In Power Sector Projects For utilities such as APTRANSCO, DISCOMs, renewable energy projects, and BESS projects, EBITDA is often used to: Assess operational efficiency. Compare project profitability....

What is STATCOM (Static Synchronous Compensator) ?

STATCOM: A Critical Enabler for Grid Stability in India's Renewable Energy Transition Executive Summary STATCOM (Static Synchronous Compensator) is a power-electronics-based Flexible AC Transmission System (FACTS) device that provides fast and dynamic reactive power support to maintain voltage stability and enhance grid reliability. Compared with traditional Static Var Compensators (SVCs), STATCOMs offer faster response, superior performance under low-voltage conditions, smaller footprint, and greater operational flexibility , making them increasingly preferred by utilities worldwide and in India. India's rapid renewable energy expansion—targeting large-scale solar and wind integration—has increased the need for dynamic voltage support. Consequently, the Central Electricity Authority (CEA), Power Grid Corporation of India (PGCIL), and transmission utilities are deploying STATCOMs across strategic nodes. The technology is becoming a cornerstone of transmission modernization, pa...