Power Secretary Pankaj Agarwal says PLI scheme for transmission gear
POWER & RENEWABLE ENERGY

Power Secretary Pankaj Agarwal says PLI scheme for transmission gear

Power Secretary Pankaj Agarwal emphasized the importance of exploring a production-linked incentive (PLI) scheme for critical transmission equipment to alleviate the pressure on global supply chains and enhance India's renewable energy infrastructure.

During the inaugural session of the Brainstorming Conclave on the Indian Power Sector Scenario 2047 in New Delhi, Agarwal pointed out that 1,650 gigawatts (GW) of renewable energy capacity worldwide is awaiting grid connection due to transmission bottlenecks.

He expressed the need to consider localizing the supply chain for transmission equipment, noting the current strain on global supply chains and indicating that these issues reflect constraints in the development of transmission capacities. According to Agarwal, these constraints arise from right of way (RoW) challenges and a limited supply of critical equipment.

He acknowledged that initiatives like the planned power corridors in Gujarat are helping to address RoW challenges. However, he stressed that India still needs to enhance its capacity for high-voltage direct current (HVDC) and alternating current (HVAC) systems, stating that HVDC is a crucial component and that some form of PLI may be necessary for specific HVAC equipment.

Agarwal also reaffirmed the government’s commitment to the power market coupling mechanism, which aims to standardize electricity pricing across all exchanges, though he did not specify a timeline for its implementation. He mentioned that progress is being made on the power coupling mechanism and that the government remains dedicated to it.

The Brainstorming Conclave, organized by the Central Electricity Authority (CEA) in collaboration with CBIP, FICCI, and other stakeholders, included discussions on India's long-term vision for the power sector, with a target of achieving a non-fossil power capacity of 500 GW by 2030, an increase from the current 154.5 GW.

Power Secretary Pankaj Agarwal emphasized the importance of exploring a production-linked incentive (PLI) scheme for critical transmission equipment to alleviate the pressure on global supply chains and enhance India's renewable energy infrastructure. During the inaugural session of the Brainstorming Conclave on the Indian Power Sector Scenario 2047 in New Delhi, Agarwal pointed out that 1,650 gigawatts (GW) of renewable energy capacity worldwide is awaiting grid connection due to transmission bottlenecks. He expressed the need to consider localizing the supply chain for transmission equipment, noting the current strain on global supply chains and indicating that these issues reflect constraints in the development of transmission capacities. According to Agarwal, these constraints arise from right of way (RoW) challenges and a limited supply of critical equipment. He acknowledged that initiatives like the planned power corridors in Gujarat are helping to address RoW challenges. However, he stressed that India still needs to enhance its capacity for high-voltage direct current (HVDC) and alternating current (HVAC) systems, stating that HVDC is a crucial component and that some form of PLI may be necessary for specific HVAC equipment. Agarwal also reaffirmed the government’s commitment to the power market coupling mechanism, which aims to standardize electricity pricing across all exchanges, though he did not specify a timeline for its implementation. He mentioned that progress is being made on the power coupling mechanism and that the government remains dedicated to it. The Brainstorming Conclave, organized by the Central Electricity Authority (CEA) in collaboration with CBIP, FICCI, and other stakeholders, included discussions on India's long-term vision for the power sector, with a target of achieving a non-fossil power capacity of 500 GW by 2030, an increase from the current 154.5 GW.

Next Story
Infrastructure Urban

Jharkhand Forms Teams to Modernise Urban Infrastructure

The Jharkhand Urban Development Department has constituted multiple expert teams to plan, assess, and modernise urban infrastructure across the state’s cities and towns, an official said on Thursday. The initiative aligns with Chief Minister Hemant Soren’s vision to position Jharkhand among India’s leading states in the field of advanced and sustainable urban development. The teams have been tasked with identifying existing infrastructure gaps and proposing new projects to promote stable and long-term growth. According to Sunil Kumar, Principal Secretary of the Urban Development and Ho..

Next Story
Infrastructure Urban

Kerala CM Seeks Rs 22 Billion NDRF Aid, AIIMS Nod from PM

Kerala Chief Minister Pinarayi Vijayan met Prime Minister Narendra Modi in New Delhi on Friday, seeking urgent financial and policy support for the state. The Chief Minister requested the release of the Rs 22.21 billion National Disaster Response Fund (NDRF) grant for Wayanad landslide reconstruction and pressed for immediate approval to establish an AIIMS at Kinaloor, Kozhikode. “Called on the Hon’ble Prime Minister Narendra Modi Ji and requested the urgent release of the full Rs 22.21 billion NDRF grant for Wayanad landslide reconstruction. Also urged immediate approval for establishing..

Next Story
Infrastructure Urban

Meta Picks Mumbai, Vizag for Global Subsea Cable Project

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has selected Mumbai and Visakhapatnam as the landing sites for its multibillion-dollar subsea cable project, Waterworth. The company has appointed Sify Technologies as its landing partner in India under a USD 5 million (Rs 420 million) contract. Google has also partnered with Sify for the Indian landing of its USD 400 million (Rs 33.6 billion) Blue-Raman subsea cable, underscoring the surge in global investment into India’s digital infrastructure and its growing strategic significance in international data connectivity..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?