The NCT, which was constituted by the ability ministry to determine inter-state transmission initiatives to be developed by way of aggressive bidding, had met in early-December, 2021 to determine on the mode of implementation of the Ladakh line.
Stopping wanting making a transparent suggestion on how the transmission system for the deliberate renewable power initiatives in Ladakh must be awarded for growth, the nationwide committee on transmission (NCT) has requested the Union energy ministry to take a ultimate name on whether or not to observe the regulated tariff mechanism (RTM) or to decide on the tariff primarily based aggressive bidding (TBCB) route.
At September value ranges, the estimated value of the transmission system is Rs 26,966.5 crore which might evacuate energy from 9,000 mega-watt (MW) of photo voltaic and 4,000 MW of wind crops, together with 12 giga-watt-hour (GWh) battery power storage system (BESS) capacities on the deliberate renewable power parks within the space.
RTM is a cost-plus mannequin the place initiatives are executed beneath the supervision of state-run Energy Grid Company of India, whereas TBCB initiatives — for which personal corporations may also bid — are awarded to the bottom bidders beneath a construct, personal, function and preserve mannequin. The NCT, which was constituted by the ability ministry to determine inter-state transmission initiatives to be developed by way of aggressive bidding, had met in early-December, 2021 to determine on the mode of implementation of the Ladakh line.
The NCT opined that whereas TBCB might result in discovering of a aggressive value, the ultimate resolution must also have in mind that the venture includes “substantial quantity of Authorities of India grant” and requires infrastructure work in Ladakh, which is taken into account strategically a delicate space. It stated that if the venture is awarded by way of TBCB route, all parameters similar to design and transmission route can be required to be frozen earlier than bidding out of the scheme, and “it will be very troublesome to freeze these inputs upfront”.
In a gathering held beneath the chairmanship of Union energy minister R Okay Singh on November 15, it was determined that the ministry of recent and renewable power would transfer a proposal for offering central grant for growth of the 480 kilometres of energy line of 5,000 MW capability between Pang, Ladakh and Kaithal, Haryana as a part of the inexperienced power hall. The transmission system would interconnect the deliberate renewable power parks within the space and in addition embody a 1 GhW BESS at Pang, which might primarily be utilised to maintain the transmission line charged throughout non-solar hours. One other 11 GWh of BESS would even be put in as part of renewable power era initiatives within the space.
Union energy minister RK Singh lately reviewed the implementation of renewable power initiatives in Ladakh together with its evacuation plan.
Singh sought the help of RK Mathur, the Lieutenant Governor of Ladakh, to type out the land points in establishing the venture at recognized areas of Pang within the Union Territory. It was determined that 20,000 acres of land at Pang can be supplied instantly by Ladakh for setting the venture, whereas availability of different 20,000 acres of land can be explored primarily based on inputs supplied by the Photo voltaic Vitality Company of India.
Monetary Categorical is now on Telegram. Click on right here to hitch our channel and keep up to date with the newest Biz information and updates.