The pace of transmission line addition in the current fiscal is falling significantly short of expectations, official statistics suggest.
Six interstate transmission system (ISTS) schemes awarded under the tariff-based completive bidding (TBCB) route were fully commissioned during the first nine months (April to December) of FY25.
The Centrally-sponsored North Eastern Region Power System Improvement Project (NERPSIP) is progressing well and is expected to fully commission by March 2025.
Power Grid Corporation of India Ltd (PGCIL) clearly dominated the ISTS-TBCB market accounting for a tariff share of over 60 per cent during the first nine months (April to December) of FY25.
Healthy substation capacity addition was witnessed in the first eight months (April to November) of FY25.
There was nil addition of new transmission lines on the interstate transmission system (ISTS) network in November 2024. The entire addition during the month was seen in the intrastate transmission system (InSTS) grid.
Assam and Bihar are today the leading states with respect to smart meters installed under the Revamped Distribution Sector Scheme (RDSS), according to information tabled in Parliament recently.
Guidelines related to the tariff-based competitive bidding (TBCB) mechanism are likely to be reviewed to tackle situations where there is only one bidder participating.
The five-year period from FY28 to FY32 (April 1, 2027 to March 31, 2032) is likely to see a major build-up of HVDC-based power transmission infrastructure.
The month of October 2024 proved very eventful for the ISTS-TBCB landscape with as many as three schemes getting fully commissioned.