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A total expenditure of Rs 9.12 lakh crore has been planned to augment power transmission infrastructure capacity in the country by 2032, according to Union Minister Shripad Yesso Naik. The National Electricity Plan (Transmission) covers the transmission plan till 2031-32, said Minister of State for Power Shripad Yesso Naik in a written reply to the Rajya Sabha on Monday. As per the Plan, 1,91,474 circuit kilometres (ckm) of transmission lines and 1274 Giga Volt Ampere (GVA) of transformation capacity would be added (at 220 kV and above voltage level) in the 10-year period from 2022-23 to 2031-32. In addition, he stated that 33.25 GW of High Voltage Direct Current (HVDC) bi-pole links are also planned. The inter-regional transmission capacity is planned to increase to 143 GW by 2026-27 and further to 168 GW by 2031-32, from the present level of 119 GW. The Plan also highlights new technology options in transmission, cross-border interconnections and private sector participation in
Various options, including PLI for transmission equipment manufacturing, can be explored to boost the power transmission infrastructure of the country, Power Secretary Pankaj Agarwal said on Monday. Agarwal said he has requested the industry stakeholders to think about ways to localize the supply chain for transmission equipment. He was replying to a question on PLI scheme for transmission equipment, on the sidelines of 'Brainstorming Conclave on Indian Power Sector Scenario by 2047' organised by Central Electricity Authority (CEA) in partnership with Ficci. "I requested the participants to also think how can we localize the supply chain for transmission equipment as global supply chains are under strain...and do we need some PLI kind of scheme for some kind of equipment....I have requested to explore that whether that can help or some of other driver would be required," the official said. Agarwal also said that about 1650 GW of renewable capacity worldwide is waiting to get connec
India needs $190-215 bn for 500 Gw renewable goal by 2030
Skipper Limited, leading manufacturers for power transmission and distribution structures, on Sunday said it has secured an order worth Rs 737 crore from Power Grid Corporation of India Limited (PGCIL) for design, supply and construction of a cutting-edge 765 kV transmission line for the central PSU. Skipper director Sharan Bansal expressed enthusiasm about this latest achievement in the power transmission and distribution sector, emphasising the company's optimistic outlook on the industry. He highlighted the substantial boost to Skipper's order book in the transmission and distribution landscape, with the year-to-date order intake exceeding Rs 3,900 crore. "The orders from PGCIL have notably bolstered our order book in the transmission and distribution (T&D) landscape. With a year-to-date order intake surpassing Rs 3,900 crore, these recent victories are poised to significantly contribute to our envisioned growth trajectory in the foreseeable future," he said. The company, which
Power transmission infrastructure developer and solutions provider Sterlite Power Transmission on Friday said it has decided to demerge electricity transmission infrastructure business spread across India and Brazil. The demerged Sterlite Power Transmission Ltd (SPTL) entity will continue to hold the global products and specialised EPC (engineering, procurement and construction) services business as well as the convergence - fiberco business, a company statement said. SPTL announced the strategic decision to demerge its power transmission infrastructure business (build, operate and transfer model) spread across India and Brazil. This move comes as part of the company's intent to create 'pure play' business verticals based on end-customer base, investor class and returns. Pratik Agrawal, Managing Director, SPTL, said in the statement, "The demerger will enable both entities to create independent capital structures, unlock value and attract investors suitable for the distinct growth
State-owned Power Grid Corporation on Friday approved an investment of Rs 119.95 crore for electricity transmission project 'Eastern Region Expansion Scheme- XXXVII (ERES-XXXVII)'. "Committee of Directors on Investment on Projects' of POWERGRID in its meeting held today (October 20) accorded investment approvals for 'Eastern Region Expansion Scheme- XXXVII (ERES-XXXVII)' at an estimated cost of Rs 119.95 crore," according to a BSE filing. It is scheduled to be commissioned within 24 months from the date of allocation by NCT, that is May 19, 2025, the filing added.
Power Grid's board also approved proposal to raise up to Rs 5,700 crore through issuance of bonds on a private placement basis in multiple tranches in 2023-24
Union Minister for Power RK Singh on Thursday chaired a meeting to review the progress of development of the inter-state transmission system. During the meeting here, emphasis was laid on completing the projects in a time-bound manner across the country, according to an official statement. Besides this, the minister also stressed on how to strengthen the grid system, it said. Keeping in view the fact that Rajasthan has the highest installed capacity in the field of renewable energy, the existing and planned transmission network for evacuation of renewable energy from Rajasthan was discussed in detail, the statement said. The Union Minister for power, new and renewable energy took stock of issues, problems and options available for timely completion of projects related to transmission lines related to renewable energy generation in Rajasthan, it said. Officials of various departments related to the power projects attended the meeting.
Leading manufacturer of power transmission and distribution structures Skipper Ltd on Saturday said it has secured cumulative orders worth Rs 1,135 crore for the design, supply, and construction of new transmission line projects for Powergrid Corporation of India, as well as tower and pole export supplies. The export supplies will be made to Latin America, the Middle East, and north Africa, a company statement said without providing further details. The company has a total order book of Rs 4,500 crore and aims at doubling its revenue to Rs 4,000 crore over the next three years. These orders are a significant milestone for Skipper and reaffirm its position as a leading player in the power transmission and distribution industry, it added.
The industry is expecting the government to invite bids for power transmission infrastructure projects worth Rs 1.50 lakh crore in the next 18 months, Sterlite Power Transmission said on Thursday. In December, the government had launched a plan with investment opportunities of about Rs 2.44 lakh crore for building a transmission system for evacuating 500 gigawatts (GW) of non-fossil based energy by 2030. "We expect that nearly 60-65 per cent of these projects totalling Rs 150,000 crore will come up for bidding in next 18 months since completion of all processes and then construction of projects will take another 4-5 years," said a senior Sterlite Power Transmission official. The industry expects the government to invite bids under tariff based competitive bidding (TBCB) for power transmission infrastructure projects as it accelerates creation of new power lines and green energy corridors to integrate rising share of renewable power, the official said. As one of India's leading ...
REC Ltd on Wednesday said its wholly-owned subsidiary REC Power Development and Consultancy Ltd (RECPDCL) has handed over six special purpose vehicles to Power Grid Corporation of India Ltd. The Special Purpose Vehicles (SPVs) are mostly for construction of transmission projects in Gujarat, REC Ltd said in a statement on Wednesday. "RECPDCL has handed over 6 projects' specific SPVs mostly formed for the construction of transmission projects in Khavda region through tariff-based-competitive bidding process on March 21, 2023. Power Grid Corporation of India Limited (PGCIL) was the successful bidder for all of the 6 projects of the Ministry of Power," it said. RECPDCL was the bid process coordinator for tariff-based competitive bidding in transmission line projects. "We are putting in all possible efforts to ensure the growth of new renewable power reforms to cater to the electricity capacity of the country. Tariff-based competitive bidding for the development of transmission systems
State-owned Power Grid Corporate has bagged two inter-state electricity transmission projects under a tariff-based competitive bidding. Power Grid Corporation of India Ltd has been declared as the successful bidder under tariff-based competitive bidding to establish two inter-state transmission system on build, own, operate and transfer (BOOT) basis, a BSE filing stated. It bagged the project named Western Region Expansion Scheme- XXVII (WRES-XXVII). The project comprises establishment of a 400-kV D/C transmission line passing through Chhattisgarh and bays extension works at two existing sub-stations. Besides, it also bagged a project named Western Region Expansion Scheme- XXVIII (WRES-XXVIII) & XXIX (WRES-XXIX). The project comprises bays extension works, including creation of 220kV voltage at two existing sub-stations in Chhattisgarh. Power Grid Corporation received the Letters of Intent (LoIs) on 2nd March.
Liberty to Renewable project developers to sell on Exchanges till Transmission comes up: Power Minister
Joint venture projects by Sterlite Power Transmission Ltd and Australia-based AMP Capital worth Rs 3,500-4,000 cr
The state-run Madhya Pradesh Power Transmission Company Limited (MPPTCL) is going to deploy drones to monitor 10,000 high voltage towers in the state beginning October 1, a senior company official said on Monday. "This is for the first time in the country that drones are going to be used to check tall towers for smooth power supply, MPPTCL Managing Director Sunil Tiwari claimed while talking to PTI. He said drones will take videos and close range pictures of the towers. Currently, the inspection of towers is being done manually. Employees climb the towers to check the equipment and this process is very time consuming and laborious. Now, drones would do this work, he said. The benefit of using the drone technology is that we can take photographs and video of the equipment installed on the towers closely from all sides, the official said. Tiwari said they decided to deploy drones after their use for inspection on an experimental basis for some months showed encouraging results. The
Serentica Renewables will supply 600 MW to Vedanta Group, set up energy storage capacity in three states
The stock had been a under-performer so far this month and quarter when compared to the BSE Sensex returns.
Power transmission infrastructure developer Sterlite Power on Tuesday said it has acquired the Nangalbibra-Bongaigaon inter-state transmission project from PFC Consulting.
A consortium of Infrastructure investment trust IndiGrid's arms has emerged as the lowest bidder for a power transmission project worth Rs 170 crore in tariff-based bidding
Also decides to dissolve and modify working of regional power committees