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Tender: National Electricity Plan finalized

Fiinews by Fiinews
January 3, 2025
in Tenders
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Approved 50.9GW of Inter State Transmission Projects

The Government has finalised a Rs.9.15 lakh crore National Electricity Plan from 2023 to 2032 for Central and State transmission systems to meet a peak demand of 458 GW by 2032, says the Ministry of Power in a yearend review for 2024.

Under the previous plan 2017-22, about 17,700 circuit kilometers (ckm) lines and 73 GVA transformation capacity were added annually https://appindia.org.in/. 

Under the new plan, transmission network in the country will be expanded from 4.91 lakh ckm in 2024 to 6.48 lakh ckm in 2032.

During the same period the transformation capacity will increase from 1,290 Giga Volt Ampere (GVA) to 2,342 GVA https://www.globaltenders.com/. 

Nine High Voltage Direct Current (HVDC) lines of 33.25 GW capacity will be added in addition to 33.5 GW presently operating.

Inter-Regional transfer capacity will increase from 119 GW to 168 GW https://ted.europa.eu/en/. 

This plan covers the network of 220 kV and above. This plan will help in meeting the increasing electricity demand, facilitate RE integration and green hydrogen loads into the grid.

50 GW ISTS Capacity Approved:  50.9 Giga Watt of Inter State Transmission Projects costing Rs.60,676 crore has been approved https://sbi.com.in/.

The transmission network required to connect 280 GW of Variable Renewable Energy (VRE) to the Inter-State Transmission System (ISTS) by 2030 is planned to be 335 GW https://www.iea.org/.

Out of this, 42 GW has already been completed, 85 GW is under construction, and 75 GW is under bidding. Balance 82 GW will be approved in due course.

Improvement in Transmission System: During 2024, 10,273 ckm of transmission lines (of 220 kV & above), 71,197 MVA of transformation capacity (of 220 kV & above) and 2200 MW of Inter-regional Transfer Capacity have been added https://www.conexpoconagg.com/.

Right of Way (RoW) compensation Guidelines: To ensure the timely development of power transmission infrastructure for evacuating 500 GW of renewable energy by 2030, the Ministry revised the Right of Way (RoW) guidelines in June, 2024, linking compensation to the market value of land.

For tower base area, the compensation has been increased from 85% to 200% of the land value. For the RoW Corridor, compensation has been raised from 15% to 30% of the land value. Fiinews.com

Tags: Ministry of Power
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