"Least cost ramp-up could be achieved through TBCB only"
Ved Mani Tiwari, Chief Executive Officer (Global Infra Business), Sterlite Power Transmission, believes that transmission projects offer a significant change in risk profile, post the commissioning of projects on account of low collection risks and these projects generally get a priority in funding over other infrastructure projects.
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.
Skipper Limited secures new orders
Skipper Limited, has announced new orders worth approximately Rs 405 crore in its Engineering Products segment. The company shared the news of securing fresh new orders worth approximately Rs 405 crore for domestic transmission tower supply from Power Grid Corporation Of India Ltd (PGCIL), Transmission Corporation of Telangana Limited (TSTRANSCO) and Power Transmission Corporation of Uttarakhand Limited (PTCUL).
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.
Let´s have plug and play in the transmission sector
We have recently seen quite a few new transmission system projects being announced. For e.g. the Rs 10,000 crore North Eastern Region Power System Improvement Project (NERPSIP) and the 800 kV 6,000 MW HVDC Raigarh´Pugalur Transmission project.
India´s current aggregated technical & commercial (AT&C) losses have been estimated to be around 27 per cent of the electricity generated. Such high AT&C losses are counted as one of the main reasons for the state electricity board´s (SEBs) financially weak status.
How the budget can fire power
On 28th February, when Finance Minister Arun Jaitley presents his second budget (after his Interim Budget 2014 in July) the power industry may expect some major policy relief as it will be the first full-fledged budget presented by the FM.
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