+
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

Revolt Motors Unveils ‘Azadi From Petrol’ Offer

To mark India’s 78th Independence Day, Revolt Motors, the country’s leading electric motorcycle brand, has introduced its special “Azadi From Petrol” offer, encouraging riders to break free from rising fuel costs and embrace smarter, sustainable mobility.Under this limited-period scheme, customers purchasing any Revolt electric motorcycle can enjoy benefits worth up to Rs 20 million. The package includes zero insurance fees, providing free coverage valued at up to Rs 7 million, along with cash savings of up to Rs 13 million.The initiative highlights Revolt’s mission to make electric ..

Next Story
Infrastructure Energy

Inox Green Signs 182 MW Wind O&M Deal

Inox Green Energy Services Ltd., one of India’s leading renewable energy operations and maintenance (O&M) providers, has signed an agreement with a major diversified Indian conglomerate for the comprehensive O&M of 182 MW of operational wind projects under its renewable energy division.Located across multiple sites in Western India, these projects are integrated with common infrastructure owned by Inox Green. The deal includes converting 82 MW of wind projects from limited-scope to comprehensive O&M, as well as renewing comprehensive O&M for another 100 MW well ahead of sched..

Next Story
Infrastructure Urban

MPL Q1 Profit Rises to Rs 144 Million

Manali Petrochemicals Limited (MPL), a leading petrochemical manufacturer and part of AM International, Singapore, has reported its unaudited consolidated financial results for the quarter ended 30 June 2025.The company posted a consolidated total income of Rs 2.43 billion for the quarter, up from Rs 2.38 billion in the preceding quarter ended 31 March 2025. Profit Before Tax (PBT) stood at Rs 200 million, compared to Rs 159 million in the previous quarter, while Profit After Tax (PAT) rose to Rs 144 million from Rs 108 million. For the full year ended 31 March 2025, MPL recorded a total incom..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?