Over 20 crore smart prepaid meters have been sanctioned so far under the Revamped Distribution Sector Scheme (RDSS), according to information recently tabled in Parliament.
Six new interstate transmission system (ISTS) schemes were awarded under the tariff-based competitive bidding (TBCB) mode during the first nine months (April to December) of the current fiscal year FY23, according to a special study done by T&D India.
Competition in transmission projects that are bid out under the tariff-based competitive bidding (TBCB) mechanism is seen intensifying, according to K. Sreekant, CMD, Power Grid Corporation of India Ltd (PGCIL).
The Union Budget 2023 has enhanced the overall outlay to the power ministry by nearly 58 per cent, a special study by T&D India observes.
India added 47,272 MVA of transformation (substation) capacity during the first three quarters of FY23, which was 66 per cent of the target set for the period.
The quantum of transmission line addition during the first seven months (April to October) of FY23 has met just 52 per cent of the target set for the period.
The total volume of interregional electricity transfer during the first seven months (April to October) of FY23 grew marginally by 1.9 per cent, on a year-on-year basis.
Central Transmission Utility India Ltd (CTUIL), in a recent meeting, cleared 14 projects to be developed under the regulated tariff mechanism (RTM) mode. Power Grid Corporation of India Ltd (PGCIL) has received the highest number of these projects.
A special study by T&D India, based on official statistics, suggests that during the first half (April to September) of FY23, four new TBCB-based interstate transmission projects were awarded while one was completed.
Over 60 per cent of India’s total wind power generation capacity has the potential to be repowered, a recent government document suggests.