The month of October 2024 proved very eventful for the ISTS-TBCB landscape with as many as three schemes getting fully commissioned.
Power T&D, renewable energy generation and energy transition are some of the growth areas in the energy space for Siemens, according to the company’s MD & CEO, Sunil Mathur.
Power Grid Corporation of India Ltd (PGCIL) is likely to see aggregate capital expenditure (capex) of over Rs.3 trillion between now and FY32, according to R.K. Tyagi, CMD, PGCIL.
India’s total interregional transfer capacity is projected to grow to 1,42,940 MW, or around 143 GW, by end of FY27.
The intrastate transmission system (InSTS) is expected to see investment of nearly Rs.1 trillion during the five year period from FY28 to FY32.
The proposal of building what could be India’s first “Green GIS” switching station on the ISTS network will be deliberated by the National Committee on Transmission (NCT) in its next meeting.
The pace of completions of ISTS-TBCB projects appears to have slowed down this fiscal year with only two such schemes getting fully commissioned in the first half (H1: April to September) of FY25.
Central Transmission Utility of India Ltd (CTUIL), in its newly-released “Interim ISTS Rolling Plan: 2029-30” has projected capital investment of around Rs.3.42 trillion towards upgrade of the interstate transmission system (ISTS) network, between now and FY30.
A newly-released report by Avener Capital suggests that India’s rollout of 25 crore smart meters, under the Revamped Distribution Sector Scheme (RDSS), presents close to a $20-billion opportunity with AMISP project awards expected to grow at a compounded annual rate of around 25 per cent.
Transformers & Rectifiers (India) Ltd [TARIL] is planning complete backward integration with a view to shortening its production cycle.