Growing demand drives growth in power T&D sector
Financial Express Delhi|December 23, 2024
THE POWER TRANSMISSION and distribution (T&D) sector is set for a significant growth, driven by increasing electricity demand and focused renewable energy goals.
Mahesh Patil

India aims to achieve 500 GW of renewable energy by 2030, almost 3x from 180 GW currently installed, marking the largest push for capital investment in power infrastructure.

However, the transition to renewable energy does not only require investment in generation capacity, but also demands an overhaul of power systems to better handle fluctuations in supply.

In light of the same, the power ministry recently introduced the National Electricity Plan (NEP) for 2023-32, a strategic roadmap for enhancing and expanding transmission systems, both at the central as well as state levels. The NEP outlines an investment of ₹9.15 lakh crore to address the growing demand.

Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Financial Express Delhi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Financial Express Delhi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS DELHIAlle anzeigen
Financial Express Delhi

At the G, India up against Head-strong Australia

● In-form batter declared fit for Boxing Day Test

time-read
2 Minuten  |
December 26, 2024
Financial Express Delhi

5 trains to run between Delhi and Kashmir

Heated coaches, airport-like security check

time-read
2 Minuten  |
December 26, 2024
Financial Express Delhi

Noted Malayalam writer Vasudevan Nair dies

NOTED WRITER AND Jnanpith award winner M T Vasudevan Nair, who had been undergoing treatment at a private hospital in Kozhikode (Kerala) following heart failure, has passed away, hospital sources said on Wednesday. He was 91.

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Despite rising volume, muted crude prices help lower oil import bill

THE SOFTENING IN global crude oil prices over recent months has resulted in India's oil import bill contracting on a year-on-year basis in September, October, and November, despite import volumes rising in each of these months, latest petroleum ministry data shows.

time-read
2 Minuten  |
December 26, 2024
Financial Express Delhi

Heated coaches, airport-like security check

Heated coaches, airport-like security check

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Prosperity through cooperation

The United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.

time-read
3 Minuten  |
December 26, 2024
Financial Express Delhi

Office Leasing in Top Six Cities Hits Record: Report

WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.

time-read
1 min  |
December 26, 2024
Financial Express Delhi

The Angry Young Man

₹ impact on auto sector

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Investors Get Good Exits in IPO Frenzy

A whopping ₹1.6 lakh crore has been mopped up in the primary market in 2024 by 90 firms, the highest so far in a year, topping the ₹1.19 lakh crore raised through IPOs in 2021 by 63 companies.

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Impact on auto sector

However, the falling rupee presents challenges for import-dependent luxury carmakers like Mercedes-Benz, BMW, Audi, and Volvo.

time-read
1 min  |
December 26, 2024