GE Group declared that it was selected for the refurbishment of two hydropower stations at the Mangla hydropower plant in Pakistan which has 10 hydro turbines in total. The selection was made by Water and Power Development Authority (WAPDA) to design, supply, install, test, and commission the two hydro turbine and generator components.
Toshiba Energy Systems & Solutions Corporation provided turbine and 30MW bulb hydroelectric generator units for the Hubei Xinji Hydropower Plant in China.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 3365
Published Date: Apr 13, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing number of water turbine projects in dams to generate electric power from water potential energy are the major factors driving the growth of the hydro turbine market.
The market size of hydro turbine is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.
The major players in the market are Voith GmbH & Co. KGaA, LITOSTROJ POWER d.o.o., Toshiba Energy Systems & Solutions Corporation, GE Group, Siemens AG, ANDRITZ Hydro, Kirloskar Brothers Limited, Harbin Electric Machinery Company Limited, Canyon Hydro, Cornell Pump Company
The reaction turbine segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.