A world without power is no longer possible. And electricity networks are the backbone of today’s power systems and pivotal to societal advancements. They become even more important in clean energy transitions, building a universe of future mobility and a digitally-enabled sustainable world. Wind, solar, biofuels and many such renewable power source are igniting the potential of innovation and, thus, the need for more power. Unfortunately, global investments in many areas of power generation have been found wanting; they have failed to keep pace with modernisation and industrialisation of the future.
In developing economies, where Nithia is currently focused for opportunities to invest, advise and turnaround projects, the overall share of power investment has dropped to the lowest level since 2013. We hope to reverse this trend, with well anchored power assets feeding into adjacent steel businesses.