New Delhi: India is gearing up to significantly bolster its power transmission infrastructure with a massive investment of Rs 9.12 lakh crore. This ambitious plan, outlined in the National Electricity Plan (Transmission), aims to enhance the country’s power grid and facilitate seamless electricity supply.
The plan, spanning from 2021-22 to 2031-32, involves the addition of 1,91,474 circuit kilometers of transmission lines and 1,274 Giga Volt Ampere (GVA) of transformation capacity. Additionally, India will establish 33.25 GW of High Voltage Direct Current (HVDC) bi-pole links to improve inter-regional transmission.
Union Minister Shripad Yesso Naik emphasized the government’s focus on incorporating new technologies and promoting private sector participation in the transmission sector. The plan also prioritizes transparency for all stakeholders, including generators, manufacturers, transmission service providers, and investors.
Apart from transmission, India is also making strides in various other energy sectors. The country is currently constructing 28 hydroelectric projects and five pumped storage projects, while several more are under review. The coal-based power sector is also expanding, with significant capacity additions planned.
India’s commitment to renewable energy is evident, with 1,27,050 MW of renewable energy capacity under implementation or bidding. This comprehensive approach to energy development positions India as a global leader in the energy transition.