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.
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.