The aggregate transformation capacity of sub-transmission substations is expected to grow by 29 per cent by 2030, according to the recently-released “Distribution Perspective Plan 2030.”
The recently released National Electricity Plan (Transmission — Vol.2) suggests that over Rs.1.2 trillion worth of interstate transmission system (ISTS) schemes have been awarded under the tariff-based competitive bidding (TBCB) route, so far.
Power Grid Corporation of India Ltd (PGCIL) has recorded major success in the ISTS-TBCB market during FY24.
The plan outlay of Central PSUs in the power ministry is estimated to be nearly 14 per cent higher in FY25, as envisaged in the Interim Budget 2024.
The draft National Electricity Plan (NEP) has envisaged investment of around Rs.4.76 trillion in the power transmission sector during the five-year period from FY23 to FY27.
The total substation (transformation) capacity added in the first nine months of FY24 was 19 per cent lower than in the same period of FY23.
The quantum of transmission lines added during the April-November period of FY24 has met only 64 per cent of the planned addition.
Substation capacity addition during the first eight months (April to November) of FY24 fell substantially short of the target, especially considering the 765kV voltage class.
Thermax is planning to adopt a multifarious approach while tapping opportunities in the green hydrogen space, according to Ashish Bhandari, MD & CEO, Thermax Ltd.
Detailed project reports (DPRs) for projects worth Rs.2,52,252 crore (around Rs.2.52 trillion) have been approved under the Revamped Distribution Sector Scheme (RDSS) so far, it was informed in Parliament.