The survival with thrive of each one of us along with changing con-sumption pattern and behaviour is key in today’s transforming transition of electricity. Electricity business persists over a century and is continuously transitioning to overcome various challenges in meeting demand in congruence to public and environment. The electricity business approach until 20th century accelerated economic growth in many countries due to aggressive investment.
The base of prosperous developed countries is built upon fossil fuel, carbon intensive industries, and lifestyles which have resulted only in global warming. This is spurring developing countries to ensure that its development goal follows no carbon as future model. India should decouple the challenges of becoming prosperous while simultaneously climbing the unclimbed journey of sustainability - enabling net zero transformation to be habitant of green future.
Time zone is the essence of any business model and with shifting of economy to low growth, facilities tend to be surplus under the legal monopoly, so switched to a model for efficiency based on market principles. This invites fair competition in the wholesale and electricity generation businesses in which transmission and distribution businesses unbundled to ensure competitive neutrality. Intermittency of renewables will increase the quantum of transmission capacity needed, which will translate to even higher investments. This enabled the power sector in witnessing significant changes in course of 4th regime of transmission pricing as Inter State Transmission System has grown from yearly transmission charges of Rs 100 bn in 2011 to Rs 360 bn in 2019. Now, entered with more pragmatic model of Framework of Point of Connection Charges “2020 Sharing Regulations” to bring deeper value proposition.
Denne historien er fra May 2022-utgaven av Construction Week.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May 2022-utgaven av Construction Week.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability