The Coimbatore District Small Industries' Association expects the latest edition of ‘Elektrotec 2015 & Renergy Coimbatore 2015’ to generate business enquiries worth ₹100 crore, according to M Kandhaswami, Chairman, Elektrotec 2015.

He said the use of solar energy is expected to get a push with the Government ensuring direct credit of the subsidy to manufacturers of renewable energy appliances, which lowered the cost to the buyers as they would have to pay lesser amount on their purchases.

Speaking to newsmen here on Monday, he said buyers of electrical/electronic products earlier used to go to Delhi to find out about the latest products and technology being introduced. But the organisation of Elektrotec fairs in Coimbatore over the past two years has provided buyers an opportunity to know about them in Coimbatore itself. The renewable energy fair is being organised for the second year.

He said around 220 stalls have been booked for the fair, the focus of which would be electrical, industrial electronics and renewable energy. Major players including ABB, Siemens and Havells are participating in the show. He anticipated that business enquiries worth over ₹100 crore would be generated during the fair to be held from February 13-16. While the Elektrotec segment would display cables, capacitors, electrical/ electronic components, motors and generators, switch gear and control gear products, the renewable energy segment would display solar and wind energy products, wind pumps for water lifting, batteries and power systems, electric vehicles, etc.

Kandhaswami said Codissia has a tradition of encouraging new inventors, particularly students who display entrepreneurship potential. He made special mention of an 8{+t}{+h} standard student from Virudhunagar who has developed a software which would enable EB officials to find out about the power consumed by every consumer from their office itself without going for physical meter reading. The boy has been allotted a stall free of cost to display his invention. Nearly 20 stalls have been allocated to engineering colleges for students to display their inventions.

He said the decision of the Tamil Nadu government to credit the subsidy portion of renewable energy appliances such as solar water heaters directly to the manufacturers has come as big boon since the buyers need not have wait for long for the subsidy payment to reach them as the end price was fixed after deducting the subsidy.

E K Ponnuswamy, President, Codissia, said the fair has been organised as a B2B and B2C event, focussed on electrical/electronics and renewable energy sectors. It was being organised jointly by Codissia and Tamilnadu Energy Development Agency (TEDA).

Electricity Minister Natham R Viswanathan would inaugurate technical seminars and release the fair directory on Feb 14 at the Codissia trade fair complex. (This is being organised on the second day of the fair in view of the Srirangam assembly by-election on Feb 13).

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