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Home » News » Substantial steps to meet peak power demand by government

Substantial steps to meet peak power demand by government

By February 14, 2023 5:04 pm IST

Substantial steps to meet peak power demand by government
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The Indian government has taken important measures to accommodate peak power demand in both urban and rural areas, important measures to satisfy peak power demand.
To satisfy the high demand for power, the government has made a few decisions. From 2014 to 2022, the grid will receive an addition of 175 GW of electricity generating capacity, 173459 ckt kilometres of transmission lines, and 621176 MVA of transformation capacity.
With the construction of 2927 new substations, the upgrade of 3964 substations, the addition of 8.48 lakh ckt km of HT/LT lines, and other improvements, the distribution system under DDUGJY/Saubhagya/IPDS has been improved at a cost of ₹2.02 Lakh Crore from 2014 to 2022. For electricity generation, transmission, distribution, and trading projects (apart from those involving atomic energy), 100 percent FDI via the automated method is permitted.
Revised notification of tariff policy with several clauses to encourage private sector involvement in both generation and transmission, to encourage the production of energy from renewable sources, and to encourage investment in the industry. For projects that will be completed by 2025, Inter State Transmission System (ISTS) charges for transmitting electricity from solar and wind sources have been waived. Additionally, for 18 years starting from the date of commissioning, ISTS transmission fees for power produced by new hydro projects will be waived.

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