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Andhra Pradesh's ₹27,370 Crore Power Transmission Project Receives Central Approval
Sentiment: NeutralHigh Priority
What Happened?
The central government has approved a ₹27,370 crore power transmission project in Andhra Pradesh under the Green Energy Corridor Phase-III scheme, expected to be commissioned by 2029-30.
Key points
- The project is part of the ₹1.86 trillion Green Energy Corridor Phase-III scheme approved on September 30.
- It aims to evacuate up to 135 GW of renewable energy by 2032-33.
- The project includes 7,872 circuit kilometers of transmission lines and 9,500 MVA of substation capacity.
- Key pooling stations are planned at Mudigubba, Talupula, and Porumamilla.
- The project is crucial as Andhra Pradesh's peak demand is expected to rise significantly by 2035-36.
Key insights
- The project could lower intra-state transmission charges, benefiting consumers.
- It may enhance the state's renewable energy infrastructure, supporting future growth.
- The approval aligns with the state's clean energy policy, potentially attracting further investments.
Why it matters
The project is essential for meeting the rising energy demand in Andhra Pradesh and supports the state's clean energy goals.
Tags
Entities
Andhra Pradesh· StateGreen Energy Corridor Phase-III· ProjectTransmission Corporation of Andhra Pradesh· OrganizationCentral Electricity Authority· OrganizationNITI Aayog· Organization
Source
Business Standard
