Syllabus :GS 3/Economy
In News
- The National Electricity Plan (Transmission), launched by the Union Cabinet.
About National ElectricityPlan (Transmission)
- The Central Electricity Authority (CEA) developed the plan in consultation with stakeholders, emphasizing the integration of 47 GW of Battery Energy Storage Systems and 31 GW of Pumped Storage Plants.
- Key components: The plan outlines the addition of over 191,000 circuit kilometers of transmission lines and 1,270 GVA of transformation capacity from 2022-2032, with a focus on high-voltage systems (220 kV and above).
- It encompasses cross-border interconnections with countries like Nepal, Bhutan, and potential links to Saudi Arabia and the UAE.
- It emphasizes the adoption of new technologies such as Hybrid Substations and high-performance conductors and aims to foster skill development in the sector.
- It also includes provisions for delivering power to green hydrogen and green ammonia manufacturing hubs, which are emerging as key sectors in India’s green economy.
- These hubs will be located at coastal regions such as Mundra, Kandla, Gopalpur, Paradeep, Tuticorin, Vizag, and Mangalore.
Objectives and Need
- Power demand is expected to surge to 388 GW by 2031-32, necessitating enhanced transmission infrastructure.
- Therefore ,The plan aims to facilitate the transmission of 500 GW of renewable energy by 2030 and over 600 GW by 2032.
- Overall, the plan signals significant investment opportunities, with over INR 9,15,000 Crores anticipated in the transmission sector by 2032.
Challenges
- Lack of clarity in regulatory policies can create uncertainty for investors and slow down infrastructure development
- Construction of new transmission lines often faces opposition due to environmental impact concerns,
- A shortage of skilled professionals in the transmission sector can hinder the development.
Future Outlook
- The National Electricity Plan is seen as a crucial step toward achieving net-zero emissions by 2070.
- It serves as a roadmap for balancing growing energy demand with green energy goals, positioning India as a global leader in clean energy by 2047.
About Central Electricity Authority (CEA) – A statutory organization under the Ministry of Power, was established through the Electricity (Supply) Act, 1948, and now functions under the provisions of the Electricity Act, 2003. – CEA provides expert advice to the Ministry of Power on technical, economic, and operational matters related to electricity generation, transmission, and distribution. |
Source: PIB
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