Tuesday, October 15, 2024

"India Unveils $109 Billion Transmission Plan for Green Power"

Although the subcontinental giant has been very serious with the "Make in India" campaign it is going to be difficult to avoid going to world-class transmission cable company Prysmian.*

From Bloomberg via Energy Connects, October 15:

India’s power ministry unveiled a plan to revamp its power grid to accommodate a large renewable expansion through 2032.

The project, estimated to cost 9.15 trillion rupees ($109 billion), will help integrate 500 gigawatts of renewable power by the end of the decade, a more than two-fold increase from now, the ministry said in a statement on Monday.

Transmission constraints have emerged as a key obstacle for the growth of renewable energy the world over, with a spurt in demand causing delayed deliveries and surging prices of grid equipment.

In the US alone, almost 1.6 terawatts of planned renewable power generation projects and more than one terawatt of energy storage are actively seeking connection to the grid, according to the latest data from the research center Berkeley Lab published in April.

To help buffer supply and price shocks, India should foster local manufacturing of critical transmission equipment, Federal Power Secretary Pankaj Agarwal said at a conference in New Delhi on Monday. The cost of equipment is set to rise more than 14% a year from now, he said.

India’s government is leaning on high-voltage direct current lines to connect large renewable farms to cities and industries, as this network helps send power to long distances with minimal losses. The decision though has left solar and wind developers concerned about project delays, as global supplies of the transmission equipment has tightened.... 

....MORE

*PRY:Milan

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Our 12-word introduction to July's "Transmission/Grid: Prysmian Has Received A €450 million Contract From The European Investment Bank (PRY:Milan)
Time to string some lines.This is the name for transmission cable. 

If interested see also August's:
Electrical Grid: Today's Word Is "Reconductoring"