Private sector entities have met the FY24 target for addition of 765kV transmission lines, within just seven months.
In a recent interaction with power PSUs and industry stakeholders, R.K. Singh, Union Minister for Power and New & Renewable Energy, said that the government has decided to add 80 GW of thermal power capacity by FY32.
ABB, following an audit of over 2,000 motor-driven industrial systems done, has identified average energy saving potential of 31 per cent.
Power Grid Corporation of India Ltd (PGCIL) has been the most successful bidder in interstate transmission system (ISTS) schemes awarded under the TBCB route in the first nine months of 2023, according to a special study by T&D India.
India is making great strides in harnessing renewable energy to meet its growing power demands and combat environmental challenges. Among the innovative solutions emerging in this journey, floating solar projects stand out as a game-changer.
A study by International Energy Agency (IEA) has found that the world needs to add or replace 80 million km of power grids by 2040, in order to meet national climate targets and support energy security.
The quantum of new transmission lines added in the first half (H1: April to September) of FY24 was nearly 22 per cent lower than the comparable level in H1 of FY23, according to a special study by T&D India based on official statistics.
India’s substation capacity addition in the first half (April to September) of FY24 barely met 50 per cent of the planned addition.
The massive rollout of smart meters, as envisaged under the Revamped Distribution Sector Scheme (RDSS), will be a big game changer for the power distribution sector as also for electrical equipment contractors and service providers, according to Vivek Kumar Dewangan, Chairman & Managing Director, REC Ltd.
Polycab India Ltd is planning to start manufacturing EHV cables and other specialty cables, with a view to enlarging its product basket and consolidating its leadership in the wire & cable market.