Capacity Augmentation and Distribution Grid Automation will be the focus for Transmission and Distribution Sector in Asia Pacific, says Frost & Sullivan

Capacity Augmentation and DistributionCapacity Augmentation and Distribution Grid Automation will be the focus for Transmission and Distribution Sector in Asia Pacific, says Frost & Sullivan PR Newswire SINGAPORE, Jan. 22, 2014 - Frost & Sullivan's Top Five Predictions for Asia Pacific's Power T&D and Utility Industry in 2014- It is expected that transformation in the key areas of capacity augmentation and distribution grid automation will drive the transmission and distribution sector in the Asia Pacific region for the year. 2014: Investments in T&D Network Rides Heavily on Expanding Capacity Additions Asia Pacific's growing demand for electricity is likely to increase power generation by 4.1% in 2014. This needs to be actively supplemented by Transmission & Distribution (T&D) grid expansion to ensure reliable power supply. The majority of the T&D investments are likely to be concentrated in Southeast Asia in 2014. The growing economies such as Vietnam, Indonesia and Myanmar are likely to focus more on the transmission grid expansion and reliability. Rural electrification and increasing the overall electrification ratio will be their top priority. "For instance, as a result of favourable regulations, the Vietnam power T&D sector opens up several opportunities for private investors in 2014. During this period, capital will be spent mostly on building and enhancing the 220 kV and 500 kV network.