business of old diesel generators
In this post on we will discuss the business of old diesel generators. With my experience of more than 45 years in marine and industrial power plants, I found this business of old diesel generators is quite profitable. I will cover the topics of types of business in this field and suitable guidelines for success in this special filed.
Many people start this business and fail due to the lack of knowledge in recognizing the right Diesel Generators for the right requirement of their customers.
Customers with the wrong suggested machine will lose the trust. Making it one time business is other reason for the failure of business of this nature.
This business is of following categories.
- Stockist of Old Diesel Generators
- Brokers of Old Diesel Generators
Stockist of Old Diesel Generators– business of old diesel generators
This type of business owners purchase the Diesel generators from the following sources
Land Industries
One can find the well maintained Diesel generators from lower to highest range from the land industries. Land industries sale the Diesel Generators for the following reasons.
- To enhance the capacity of in-house power generation.
- Installation of captive steam turbine power plant.
- Bankrupt/ close down of industry
- Accidental Diesel generator.
- Marine Industries; – Ships Diesel generators are available in Ship breaking yards. The Diesel generators are the part of Auxiliary machinery on board a ship. The emergency generators are the best generators to be procured and sold due to the less running hours and are well maintained.
The best opportunity to purchase these Generators is immediately after the ship is alongside before cutting by ship breaking yard.
Marine Industries
Ships Diesel generators are available in Ship breaking yards. The Diesel generators are the part of Auxiliary machinery on board a ship. The emergency generators are the best generators to be procured and sold due to the less running hours and are well maintained.
The best opportunity to purchase these Generators is immediately after the ship is alongside before cutting by ship breaking yard.
Stockists of Diesel generators have the following ways of conducting the business.
- Paying the advance security deposit to the seller and looking for the buyer in market.
- If buyer is not available within the agreed period than take out the machine and stock in their stocking yard.
- Carry out the repairs/ maintenance of the Diesel generators in their yard. After the maintenance the Diesel generator will be sold at higher price.
- Unfortunately if the Diesel generator is not found in good condition than the best option is to take out the parts and sell the parts to other owners of similar machine. Spares also can be sold to the shipping companies as the procurement of new part has long lead time and the vessel can’t wait for long time.
Mandatory requirement of stocking the Diesel generators– business of old diesel generators
- Must have enough are to stock the generators.
- Loading and unloading facilities.
- Suitable covered maintenance space with EOT crane for the maintenance and handling of heavier parts.
- Spares stocking room.
- Expert maintenance personnel.
- An attractive proper web site for conducting the international business.
- Skilled person to handle the international requirement through web site.
- A mini workshop with suitable facilities to carry out the maintenance of engine parts. The workshop should have all the special tools required for the proper maintenance of cylinder heads valve seat grinding facility, Cylinder liner honing, Piston repairs, Fuel Injection system testing facilities, dismantling and assembly devices.
- Good packing and forwarding facility.
- Suitable licence from the Government to conduct the national and international business.
- Should be financially sound to purchase the old Diesel generators and new spare parts as and when an opportunity arises.
- Should register the business with the business directories like in India it is India mart Business directory.
Brokers of Old Diesel Generators– business of old diesel generators
This type of business owners looks for the customer’s requirement in the land industries and assists the purchaser in purchasing the diesel generators. Brokers work on commission basis and take commission from both the parties. Very important point for observation on business of old diesel generators
The honest broker with good knowledge of Diesel generators helps the customers in purchase of good condition Diesel generators.
These brokers are always in look out for the sale of generators in industries and the customers in need of second hand Generators.
Brokers help the customers in dismantling the Diesel generators from the old location and erection and commissioning of the same at the new customers site.
This is a good business for the individuals having good knowledge of Diesel generators and unsound financially. After the installation one can take the operation and maintenance of the installation. Helping the customer in the spares procurement can get them good commission.
Many business owners fail due to lack of knowledge in this field.
This type of business has the limited scope due to the non-stocking capacity.
Best Book On Diesel Generators
Diesel Generator Handbook meets the need for an authoritative reference work covering the range of mechanical and electrical topics embodied in the practical design and application of diesel generating plant. It will be particularly welcomed in many parts of the developing world where the diesel generator is basic to the electricity supply system
This is the best Book on Diesel generators. The book is intended to serve as an engineering guide to all those who may be concerned with the selection, specifications, testing, commissioning, operation and maintenance of Diesel generator plant. It should therefore be valuable to ;- the plant or service engineers to non-specialist engineers and users; and to young technicians and engineers who are embarking on a career in the supply industry.
Conclusion;- I hope the post on business of old diesel generators have provided the information’s and desires knowledge on the subject. In case of any assistance please click here.
Good Luck!!
