मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष
The Perfect Holiday Gift Gift Now

Create More Space for Solar Power

Financial Express Ahmedabad

|

July 24, 2025

Policy efforts must focus on incentivizing private investment in transmission infrastructure and standardizing banking mechanisms across states

- VP SINGH, PRADEEP S MEHTA & AKASH SHARMA

INDIA NEEDS TO install nearly 50 gigawatt (GW) of renewable energy (RE) each year to reach its goal of 500 GW of non-fossil fuel-based energy capacity by 2030. A large part of this—around 300 GW—is 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.

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 can be effectively delivered and utilized. Captive solar also holds considerable promise, and unlocking its potential can make a meaningful contribution toward 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 to four years to become operational. This mismatch creates a significant lag between project completion and the actual injection of power into the grid. Even when connected, many plants face curtailment due to grid congestion, limiting the full utilization of installed capacity.

According to the International Energy Agency, nearly 3,000 GW of RE capacity globally was awaiting grid connectivity as of 2024, with India among the countries 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. Notably, over 30% of India’s total transmission capacity has been added in just the last decade—a testament to sustained institutional effort and commitment.

Financial Express Ahmedabad से और कहानियाँ

Financial Express Ahmedabad

Vi arm VITIL raises ₹3,300 cr

DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

Oman FTA to boost capital flow

TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.

time to read

2 mins

December 19, 2025

Financial Express Ahmedabad

More pressure likely for GIC Re

THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.

time to read

1 mins

December 19, 2025

Financial Express Ahmedabad

'Insolvency resolution time will come down by at least 50%'

The Insolvency and Bankruptcy Code (IBC) is getting ready for its biggest overhaul in over nine years of its existence.

time to read

3 mins

December 19, 2025

Financial Express Ahmedabad

Oman FTA to facilitate easier flow of capital, professionals

ALMOST ALL EXPORTS from India to Oman will be at zero duty after the trade agreement signed on Thursday between the two countries comes into force by March, with farm goods, textiles, engineering, electronics, chemicals and auto sectors among the major beneficiaries.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

No problem with Centre, except on statehood, but L-G interfering: Omar

J&K CHIEF MINISTER

time to read

2 mins

December 19, 2025

Financial Express Ahmedabad

'We are scaling up expansion at Flipkart Minutes'

Flipkart Minutes, the quick commerce arm of Flipkart, plans to add around 500 new dark stores in the next three months.

time to read

2 mins

December 19, 2025

Financial Express Ahmedabad

‘Bike taxis have huge headroom to grow’

Uber India's two-wheeler business is now its fastest-growing segment.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

Railways failed to monetise vacant land, says CAG report

OUT OF A land holding of about 488,000 hectares, the Indian Railways could identify by March 2023 only 13% as vacant land and managed to award a negligible 0.14% of it to developers, according to a report of the Comptroller and Auditor General of India (CAG) tabled in the Lok Sabha on Thursday.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

No binding pact: Shriram clarifies on MUFG deal

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

time to read

1 min

December 19, 2025

Listen

Translate

Share

-
+

Change font size