Power sector has seen transformational changes in last 9 years: RK Singh RK Singh (File photo)
News Updates

Power sector has seen transformational changes in last 9 years: RK Singh

PTI

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.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

"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.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

MSDE partners with Swiggy to provide skilling, employment opportunities within its network

Air India posts 60% fall in losses at Rs 4,444 crore in FY'24: Tata Group

NTPC Talcher Kaniha bags '2024 Energy Management Insight Award'

NSE launches two sets of sculptures showing a bull and Indian family

Tata Power awards contracts worth Rs 11,481 crore to local suppliers