India to invest Rs 9.12 trillion in power transmission infrastructure by 2032
Author: PPD Team Date: November 29, 2024
Author: PPD Team Date: November 29, 2024
India plans to invest Rs 9.12 trillion to enhance its power transmission infrastructure by 2032, as detailed in the National Electricity Plan (Transmission) presented by Union Minister Shripad Yesso Naik in the Rajya Sabha.
The plan covers the addition of 1,91,474 circuit kilometers (ckm) of transmission lines and 1,274 Giga Volt Ampere (GVA) of transformation capacity at 220 kV and above voltage levels between 2022-23 and 2031-32.
The plan emphasizes integrating 33.25 GW of High Voltage Direct Current (HVDC) bi-pole links to strengthen long-distance power transmission.
The inter-regional transmission capacity will increase from the current 119 GW to 143 GW by 2026-27 and 168 GW by 2031-32, enhancing the grid’s flexibility and reliability.
To drive innovation, the plan includes adopting advanced technologies, fostering private sector participation, and enabling cross-border power interconnections. The estimated expenditure for these projects is Rs 9,161.42 billion.
The government is also advancing hydroelectric capacity, with 28 hydroelectric projects (HEPs) totaling 13,997.5 MW and five pumped storage projects (PSPs) with a combined capacity of 6,050 MW under construction.
Additionally, detailed project reports for 28 more HEPs (19,460 MW) and four PSPs (4,100 MW) have been approved by the Central Electricity Authority (CEA).
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