While India is making steady headway on the transmission front and the sector has witnessed commendable growth over the last few years with substantial capacity additions, the distribution or last mile connectivity is still a concern in India.
Road to the top!
Public utilities have played a significant role in India´s growth story. Be it garnering wealth for the nation, ensuring planned development, contributing to public exchequer, working towards sustainability and social empowerment or initialising corporate governance, they have always been in the forefront. Here, we look at the power sector PSUs and their contribution to the country.
Budget Reaction | Schneider Electric India
“With India being the fifth largest energy consumer in the world, the country needs to make a concerted effort in promoting energy efficiency by reducing its dependence on fossil fuels and curtailing carbon footprints.
The domestic power sector has notched remarkable advances over the last few years across the entire value chain. With the highest coal production growth in over two decades adding to fuel supply scalability, augmentation of generation capacities, increase in transmission lines and record consumption levels with the distribution of 2.3 crore LED bulbs, India has emerged as the fifth largest producer and consumer of electricity with a capacity of 302 GW.
Leaps and Bounds
Transmission and distribution (T&D) losses, Aggregate Transmission and Commercial losses (AT&C), quality of power and fluctuation in power supply are some of the major challenges faced by Indian power utilities. This is despite not overlooking the fact that in the last decade, the country witnessed sizeable improvement in quality of power, especially in urban and semi-urban areas.
IT-enabled power distribution to save Rs 10,000 crore annually
Government aims to save as much as Rs 10,000 crore annually by leveraging IT to ramp up its power distribution network in urban towns by January 2019. Moving in this direction, the Ministry of Power is likely to award the works to have IT-driven power distribution in as many as 2,636 towns across the country by December this year.
Change, adapt & innovate
India´s power sector is at an inflection point, given the government´s conviction that electricity is a critical enabler for economic growth. Distribution sector in particular, is in the focus with new generation of reforms initiated by the government.
UDAY An Ambitious Indian Distribution Sector Bailout
With our discoms posting staggering losses and drowning in debt, UDAY is geared towards achieving tangible goals with a sensible method that represents a multi-pronged approach to rid the sector of its chronic ailments.
Transforming Technology Transforming Infrastructure
India has taken its first steps towards establishing a documented plan for ushering in smart grids through the Smart Grid Vision and Roadmap. It was formulated by the India Smart Grid Forum (ISGF) and issued by the Ministry of Power in August 2013, which envisaged nation wide rollout of smart grids by the year 2027.