"Transmission sector is one bright spot in the power sector mess"
The evacuation for the wind power projects can be resolved through better planning and co-ordination amongst various agencies, i.e., PGCIL, SECI, NTPC, MNRE and MoP. It is important that evacuation issues are addressed before bidding for the renewable power projects starts, instead of solving the issue after bidding, says Salil Garg, Director-Corporate, India Ratings.
Financial institutes cast doubts on the viability of projects
The target is achievable if you look at the wind potential and the capabilities of the wind turbine manufacturers, who can manufacture the machines and develop the workforce to execute the project. If you take that as a benchmark, then it is achievable.
KEC International bags Rs 13 billion order
KEC International, a global infrastructure EPC major has secured new orders of Rs 13.57 billion across its businesses.
Its transmission and distribution business has secured turnkey orders of Rs 12.34 billion across SAARC nations, parts of America, Middle East and Africa.
Another power supplement!
There is no doubt that the power sector is ailing. Although state DISCOMs have managed to leverage UDAY by paring financial losses from Rs 515 billion in FY16 to Rs 348 billion in FY17, a marginal decrease in AT&C losses seems to be the bone of contention, as what has been envisaged has not been achieved yet, except bailing-out nonperformers.
Uday is just another scheme
We have been in electrification since 1961. Till today, we have electrified more than 14 per cent of the entire network of Indian Railways. For the current financial year, we will be completing around 1,000 km of railway electrification by March-end.
Step in the right direction
While Green Energy Corridor may enhance transmission grid to a greater extent, the evacuation issues faced by the renewable energy segment may not get fully resolved in the near future.
T&D sits with Rs.30,000-crore refinancing opportunity
From the projects handled, we have developed a core team of project managers and sub-contractors who understand every facet of the activity from design, construction to commissioning and have established a methodology for speedy construction from which we are progressing in transmission work along with established distribution work.