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Annexure to<br />
Directors’ Report<br />
Under Section 217(1)(e) of the Companies Act, 1956<br />
A. Conservation of Energy<br />
(a) Energy conservation measures taken:<br />
The thrust on energy conservation continued with increasing usage of natural<br />
gas for heating, smart switching for lighting, controlling of air conditioning<br />
loads, and maintenance of power factor upto 0.99.<br />
The typical initiatives taken in changing over to energy efficient<br />
manufacturing processes are:<br />
Introduction of magnetic saver flux unit for canteen and thermopacs<br />
Installation of automatic power factor correction and thyristorised<br />
capacitor control panels<br />
Installation of soft starter for 75 HP <strong>com</strong>pressor motor<br />
Optimisation of hydraulic power packs for machines<br />
(b) Additional investments and proposals, if any, being implemented for<br />
reduction in consumption of energy:<br />
The captive generating unit running on gas procured for Baroda Lamps Works<br />
Division, at an investment of Rs.300 lacs, will be operational in the year<br />
<strong>2004</strong>-05.<br />
(c) Impact of the measures at (a) and (b) for reduction of energy<br />
consumption and consequent impact on the cost of production:<br />
Through better energy efficient manufacturing process and better power<br />
quality management, considerable cost savings have been achieved. This<br />
saving, however, has no appreciable impact on the cost of goods as the<br />
production processes are not energy intensive.<br />
B. Technology Absorption<br />
Research and Development (R&D)<br />
1. Specific areas of significance in which R&D is carried out by the Company<br />
During the year under review, R&D activities were focused on design analysis<br />
and automation, development of new products and processes, and enhancing<br />
reliability and performance of existing products.<br />
2. Benefits derived as a result of the above R&D<br />
New products developed<br />
Power Systems<br />
✜ Advanced static VAR <strong>com</strong>pensator and active harmonic filter (STATCOM)<br />
✜ Upgradation of Cast Resin dry type transformers upto 1600 kVA<br />
✜ 420 kV current transformer and capacitor voltage transformer housed in<br />
<strong>com</strong>posite insulator – first time in India<br />
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