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Power sector has seen transformational changes in last 9 years: R K Singh – EQ

Power sector has seen transformational changes in last 9 years: R K Singh – EQ

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In Short : R. K. Singh highlights the transformative changes in the power sector over the last nine years. This acknowledgment suggests a period of significant evolution, likely encompassing advancements in technology, policy reforms, and efforts to promote sustainability and efficiency within the power industry.

In Detail : Union Minister RK Singh on Tuesday said the power sector has witnessed transformational changes in the last nine years

New Delhi: Union Minister RK Singh on Tuesday said the power sector has witnessed transformational changes in the last nine years.

Inaugurating the Indian Electrical and Electronics Manufacturers’ Association’s (IEEMA) flagship event BID 2024 here, the power minister said the central government has a huge ambition in terms of energy transition and plans to have 500 GW of non-fossil-based electricity installed capacity by 2030.

“In the past nine years, we have brought great transformational changes in our industry, transforming the power sector from being power-deficient to power-sufficient. In the last nine years, with the addition of 1,90,700 ckm (which is about 65 per cent increase), the transmission network of 4,79,185 ckm (circuit kilometre) has evolved as the largest national synchronous grid in the world,” Singh said.

He also that the total inter-regional power transmission capacity has increased to 1,16,540 MW, more than double in nine years.

“We have set a huge ambition in energy transition and plan to have 500 GW of non-fossil-based electricity installed capacity by 2030,” he added.

The government has an installed renewable energy capacity of 1,79,570 MW (43 percent of the total capacity) and another 99,000 MW is under installation, the Minister said.

Anand Gupta Editor - EQ Int'l Media Network