Versuchen GOLD - Frei

Create more space to let solar power flow

Financial Express Mumbai

|

December 16, 2025

Solar power is auctioned almost every fortnight and developers are actively securing capacity, so boosting transmission network is crucial to reap benefits

- VP SINGH, PRADEEP S MEHTA & AKASH SHARMA

INDIA NEEDS TO install nearly 50 gigawatt (Gw) of renewable energy (RE) annually to reach its goal of 500 Gw non-fossil fuel-based energy capacity by 2030.Around 300 Gwis expected to come from solar power. However, based on recent installation trends, India will need to deploy close to 10 Gw more solar capacity annually than the average of the past few years to stay on course.

Singh is former Governor of Punjab. Mehta and Sharma work for CUTS International, a global public policy research and advocacy group

While solar power is auctioned almost every fortnight and developers are actively securing capacity, strengthening the power transmission network remains crucial to ensure that the generated power is effectively delivered and utilised. Captive solar too holds great promise, and unlocking its potential can make a meaningful contribution to achieving our RE targets.

Solar power plants in India are typically commissioned within 12-18 months, depending on their capacity and location. In contrast, dedicated transmission infrastructure can take three-four years to become operational. This mismatch creates a significant lag between project completion and injection of power into the grid. Even when connected, many plants face curtailment due to grid congestion, limiting full utilisation of installed capacity.

According to the International Energy Agency, nearly 3,000 Gw of RE capacity was awaiting grid connectivity as of 2024, with India among nations facing the biggest backlogs. This is despite the commendable work of the Power Grid Corporation of India, which has built a robust national transmission network across such a vast and diverse geography. Over 30% of India's total transmission capacity has been added in just the last decade.

WEITERE GESCHICHTEN VON Financial Express Mumbai

Financial Express Mumbai

EU defence stocks slide

EUROPEAN STOCKS FELL on Tuesday and Wall Street was set to open lower as traders took a cautious position ahead of key US.

time to read

1 min

December 17, 2025

Financial Express Mumbai

The digital storyteller

STORYTELLING HAS ALWAYS been one of the most powerful ways to connect with people. Earlier creators focused mainly on entertaining, informing, or inspiring audiences. Their role was often limited to crafting narratives, performing, or producing art. But the digital era has changed this identity. Today, they are not only storytellers but also technopreneurs who use technology to build businesses around creativity.

time to read

2 mins

December 17, 2025

Financial Express Mumbai

PFRDA allows 80% NPS corpus withdrawal for pvt subscribers

IN A MAJOR reform of the national pension system (NPS), the pension regulator has allowed lump sum payout to non-government sector subscribers to 80% and reduced annuitisation to 20% of their corpus at the time of exit from the scheme.

time to read

1 min

December 17, 2025

Financial Express Mumbai

NCLT clears Vedanta demerger

IN ITS SUBMISSIONS, the ministry referred to along-running dispute related to Vedanta’s RJ oil and gas block in Rajasthan, arguing that a substantial part of the company’s debt stemmed from government claims linked to the block.

time to read

1 min

December 17, 2025

Financial Express Mumbai

FCI explores off- budget financing

HISTORICALLY, THE GOVERNMENT has permitted FCI to raise funds through sovereign-backed bonds to meet working capital needs.

time to read

2 mins

December 17, 2025

Financial Express Mumbai

Saregama to invest ₹325 cr in Bhansali Productions

MUSIC LABEL AND entertainment company Saregama India on Tuesday said it will make a ₹325-crore strategic investment in filmmaker Sanjay Leela Bhansali’s Bhansali Productions (BPPL), marking a deep partner- ship that blends Bhansali’s cine- matic storytelling prowess with Saregama’s strength in music and entertainment.

time to read

1 min

December 17, 2025

Financial Express Mumbai

Opening nuclear power to private capital

India's nuclear opening coincides with a global renaissance in atomic energy driven by decarbonisation imperatives

time to read

3 mins

December 17, 2025

Financial Express Mumbai

Rice exports in Apr-Nov remain flat at $7.3 bn

INDIA'S RICE EXPORTS during April-November stood flat at $7.3 billion, marginally higher than the previous year, due to higher global stocks and robust crop yield across major producing countries.

time to read

1 min

December 17, 2025

Financial Express Mumbai

16 trade unions come in support of four labour codes

AS MANY AS sixteen trade unions, including the Bharatiya Mazdoor Sangh (BMS), on Tuesday came together in support of four labour codes at the Labour & Employment Summit-2025 in New Delhi.

time to read

1 min

December 17, 2025

Financial Express Mumbai

N-energy Bill likely to open space for foreign funding

NEED FOR BASELOAD ALTERNATIVES, HUNT FOR CAPITAL

time to read

2 mins

December 17, 2025

Listen

Translate

Share

-
+

Change font size