National Electricity Plan (Transmission) Launched by Union Minister with Ambitious Renewable Energy Targets
The Government of India, through the Ministry of Power, has officially launched the National Electricity Plan (Transmission) with a vision to revolutionize the country’s power transmission infrastructure, focusing on renewable energy integration. The plan, prepared by the Central Electricity Authority (CEA), was unveiled by Union Minister Shri Manohar Lal during a two-day Brainstorming Conclave held in New Delhi from October 14-15, 2024.
Aiming for 500 GW Renewable Energy Capacity by 2030
The National Electricity Plan has set ambitious targets, aiming to transmit 500 GW of renewable energy capacity by 2030, which will further increase to 600 GW by 2032. This marks a crucial step toward meeting India’s renewable energy commitments and enhancing the country’s clean energy portfolio.
The plan also outlines the development of essential storage systems, including 47 GW of Battery Energy Storage Systems (BESS) and 31 GW of Pumped Storage Plants (PSP). These systems are critical to ensuring a stable energy supply as the country transitions to renewable energy sources. The transmission system is also designed to cater to the growing demand for Green Hydrogen and Green Ammonia manufacturing hubs in coastal regions such as Mundra, Kandla, Gopalpur, Paradeep, Tuticorin, Vizag, and Mangalore.
Massive Infrastructure Expansion
Over the next decade (2022-23 to 2031-32), the plan proposes an extensive infrastructure expansion, with the addition of 1,91,000 circuit kilometers (ckm) of transmission lines and 1270 GVA of transformation capacity at voltage levels of 220 kV and above. The plan also includes the development of 33 GW of High Voltage Direct Current (HVDC) bi-pole links, ensuring robust and efficient power transmission across the country.
Additionally, the inter-regional transmission capacity is set to increase significantly—from the current 119 GW to 143 GW by 2027 and 168 GW by 2032. This will strengthen the national grid, ensuring reliable power delivery to all regions.
Cross-border Interconnections and International Collaborations
The plan goes beyond national borders, highlighting the importance of cross-border interconnections with neighboring countries like Nepal, Bhutan, Myanmar, Bangladesh, and Sri Lanka. It also explores potential transmission collaborations with countries in the Middle East, such as Saudi Arabia and the UAE, further solidifying India’s position in the global energy landscape.
Technological Advancements and Investment Opportunities
The National Electricity Plan also focuses on incorporating cutting-edge technology in the transmission sector. This includes hybrid substations, monopole structures, insulated cross arms, dynamic line rating, high-performance conductors, and upgrading the maximum operating voltage to 1200 kV AC. Additionally, skill development in the transmission sector is emphasized to ensure a well-trained workforce capable of managing advanced systems.
With numerous transmission projects under construction, several in the bidding stage, and others in the pipeline, the plan presents a significant investment opportunity in the transmission sector. The total projected investment is over INR 9,15,000 crore by the year 2032, providing a clear path for investors to participate in India’s growing energy market.
The launch of the National Electricity Plan underscores India’s commitment to renewable energy and modernizing its power infrastructure, ensuring a sustainable and reliable energy future.
