+
India unveils Rs 9.15 trillion blueprint to meet 458 GW power demand by 2032
POWER & RENEWABLE ENERGY

India unveils Rs 9.15 trillion blueprint to meet 458 GW power demand by 2032

India has launched a Rs 9.15 trillion plan to overhaul its power infrastructure, aiming to meet a projected peak demand of 458 GW by 2032. Announced by Union Minister Manohar Lal, the National Electricity Plan 2023-2032 outlines an ambitious strategy to enhance the transmission network and bolster the nation's energy security under Prime Minister Narendra Modi's leadership.

""Our power infrastructure is crucial to national security and economic stability,"" said Manohar Lal during a press conference in New Delhi. The plan focuses on expanding the grid to accommodate emerging technologies like renewable energy and green hydrogen.

The transmission network will grow from 485,000 circuit kilometers (ckm) in 2024 to 6.48 lakh ckm by 2032, while the transformation capacity will increase from 1,251 GVA to 2,342 GVA. Additionally, 50 GW of Inter-State Transmission System (ISTS) capacity has been approved to support the evacuation of 280 GW of variable renewable energy (VRE) by 2030, with 42 GW already completed and more under construction or in bidding phases.

Manohar Lal highlighted investments of Rs 606.76 billion to facilitate renewable energy evacuation across states like Gujarat, Andhra Pradesh, and Rajasthan, while also emphasising the electrification of 83,596 Particularly Vulnerable Tribal Group (PVTG) households and agricultural feeder segregation to improve rural power reliability.

Further, the minister introduced a new Computer Security Incident Response Team (CSIRT-Power) to protect critical infrastructure from cyber threats, along with updated guidelines for electric vehicle charging infrastructure to promote EV adoption nationwide.

(ET)

India has launched a Rs 9.15 trillion plan to overhaul its power infrastructure, aiming to meet a projected peak demand of 458 GW by 2032. Announced by Union Minister Manohar Lal, the National Electricity Plan 2023-2032 outlines an ambitious strategy to enhance the transmission network and bolster the nation's energy security under Prime Minister Narendra Modi's leadership.Our power infrastructure is crucial to national security and economic stability, said Manohar Lal during a press conference in New Delhi. The plan focuses on expanding the grid to accommodate emerging technologies like renewable energy and green hydrogen.The transmission network will grow from 485,000 circuit kilometers (ckm) in 2024 to 6.48 lakh ckm by 2032, while the transformation capacity will increase from 1,251 GVA to 2,342 GVA. Additionally, 50 GW of Inter-State Transmission System (ISTS) capacity has been approved to support the evacuation of 280 GW of variable renewable energy (VRE) by 2030, with 42 GW already completed and more under construction or in bidding phases.Manohar Lal highlighted investments of Rs 606.76 billion to facilitate renewable energy evacuation across states like Gujarat, Andhra Pradesh, and Rajasthan, while also emphasising the electrification of 83,596 Particularly Vulnerable Tribal Group (PVTG) households and agricultural feeder segregation to improve rural power reliability.Further, the minister introduced a new Computer Security Incident Response Team (CSIRT-Power) to protect critical infrastructure from cyber threats, along with updated guidelines for electric vehicle charging infrastructure to promote EV adoption nationwide.(ET)

Next Story
Infrastructure Transport

Syama Prasad Mookerjee Port Partners to Redevelop Nimtala Ghat

Kolkata: Syama Prasad Mookerjee Port, Kolkata (SMPK), signed a Memorandum of Understanding (MoU) on Tuesday with PS Group Realty Private Limited to redevelop and beautify Nimtala Ghat as part of PS Group’s Corporate Social Responsibility (CSR) initiative.The agreement was formalised at SMPK’s Head Office at 15, Strand Road, in the presence of SMPK chairman Rathendra Raman, deputy chairman Samrat Rahi, PS Group directors Saurav Dugar, Gaurav Dugar, Arun Sancheti, and senior SMPK officials.Under the MoU, PS Group will undertake the full redevelopment and permitted construction of Nimtala Imm..

Next Story
Infrastructure Urban

CSIR-NCL and Covestro Collaborate to Upcycle Polyurethane Waste

In a move towards sustainable plastic waste management, Pune-based CSIR-National Chemical Laboratory (CSIR-NCL) signed a Memorandum of Understanding (MoU) with Covestro (India) Private Limited on Wednesday to develop innovative upcycling technologies for polyurethane waste.Polyurethane is notoriously difficult to recycle, with current methods often proving inefficient, costly, and environmentally harmful. This collaboration aims to address existing challenges, including high energy usage and deterioration of material quality during recycling.Ashish Lele, director of CSIR-NCL, stated, “This p..

Next Story
Infrastructure Urban

Torrent Pharma Seeks CCI Approval for Rs 195 Billion JB Chemicals Deal

Ahmedabad-based Torrent Pharmaceuticals has sought clearance from the Competition Commission of India (CCI) to acquire a majority stake in J B Chemicals and Pharmaceuticals in a Rs 195 billion deal.Upon completion, Torrent Pharmaceuticals will become India’s second most valuable pharmaceutical company.The move follows Torrent’s June announcement to acquire a majority stake in J B Chemicals for Rs 195 billion.“The proposed combination pertains to the acquisition of shareholding by Torrent Pharmaceuticals Ltd in J B Chemicals & Pharmaceuticals Ltd, followed by the merger of the target ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?