In an interaction, DC Bagde, Managing Director, Transrail Lighting (Transrail) told INFRASTRUCTURE TODAY that the transmission and distribution segment (T&D) is likely to attract an investment of at least USD 50 billion. It's a shot in the arm for the country's T&D network, but it will not be enough.
Tag: transmission
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Power transmission in India is the most attractive sector to invest in
Neeraj Nanda, President-South Asia (T&D, Solar), KEC International speaks to INFRASTRUCTURE TODAY in length about the potentials in India's transmission sector. He also advices DISCOMs to enhance their willingness and preparedness to adopt and drive renewable energy.
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A Ray of Hope, Amid the Gloom
Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
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KEC International bags orders of Rs 10.1 billion
KEC International has bagged new orders of Rs 10.1 billion across its transmission and distribution, cables, civil and solar businesses. KECÂ’s transmission and distribution business has secured a turnkey order of Rs 4,910 million across India, the Middle East and the US.
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Energy Transition
A record capacity of over 75 GW was added over the last three years leading to over-capacity in thermal power. Industry doesn't see new thermal capacity being planned for some time, however, the existing capacity close to commissioning, or under construction will come to grid.
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Hartek Group bags PSPCL smart grid order for three upcoming Smart Cities
Chandigarh-based Hartek Group, one of IndiaÂ’s fastest growing concerns catering to the power sector, has bagged a smart grid order from the Punjab State Power Corporation Ltd (PSPCL) for the supply, installation and commissioning of Supervisory Control and Data Acquisition (SCADA) relays at 55 substations in the upcoming Smart Cities of Ludhiana, Amritsar and Jalandhar.
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Abandon state monopoly in coal and captive mining
The coal sector remains the most inefficient and least open to private investment, despite coal being the country´s primary source of fuel, says Krrishan Singhania, Managing Partner, Singhania Associates.
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ABB wins Rs 4,350 crore deal for long distance power transmission link
ABB has teamed up with Power Grid Corporation of India Limited in a mega project worth over Rs 4,350 crore for ABB to deliver a transmission link that will have the capacity to bring reliable electricity to more than 80 million people. The Raigarh-Pugalur 800 kilovolt (kV) ultrahigh-voltage direct current (UHVDC) system will connect Raigarh in Central India to Pugalur in Tamil Nadu.
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´Coal Mitra´ portal launched to facilitate flexibility in domestic coal utilisation
Power Minister Piyush Goyal, has launched ´Coal Mitra´, a portal for flexibility in utilisation of domestic coal. He also released reports on ´Renewable Energy Integration: Transmission an Enabler´, ´Green Energy Corridor II´ and ´Electricity Demand Pattern Analysis´.
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A Bright Future Beckons
Numerous steps by the Indian government to combat challenges facing the domestic power sector will realise immense potential, says Anil Kadam, Solution Architect & Marketing, Energy & Utilities, Schneider Electric India.