Telangana to Invest Rs. 45,000 Cr. in Power Sector in Next 5 Years - Wire & Cable India
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Telangana to Invest Rs. 45,000 Cr. in Power Sector in Next 5 Years

The financial assistance under IPDS and DDUGJY schemes announced by GoI,would help Telangana

April 10, 2015

Government of Telangana is committed to provide 24 x 7 supply to rural and urban consumers in the state which is a key factor to promote rural industries and to improve the economic status of the rural households. Delivering his speech at the National Meet of Power Ministers being held in Assam on Thursday, the Telangana State minister for Power Jagadeeshwar Reddy said that due to the progressive industrial policy announced by the State government, it is expected that industrial demand will be on a high growth trajectory. In this regard TS utilities have planned investments to strengthen the transmission and distribution networks to the tune of over Rs. 45,000 crs over the next five years, he said. The financial assistance under IPDS and DDUGJY schemes announced by GoI, would help Telangana.

TSGENCO, the State owned generating company has plans to add 6,800 MW of power in the next 5 years through its upcoming generating stations Kothagudem (800 MW), Manuguru (1080 MW), Damercherla Thermal Power Stations (4800 MW). Coal requirement is expected to reach 46.5 MTPA by 2019-20 as against the existing coal linkage of 10.67 MTPA.

The State Government has significant capacity additions planned in the coming years in Solar and Wind power. It has plans to add 2,965 MW of Solar Power through competitive bidding processes and 2,600 MW through solar parks along with over 800 MW of wind power during the next 5 years.

In the transmission sector the state government is planning an investment of over Rs.19,000 crores in the next five years under various evacuation and system strengthening schemes. Projects are currently been identified which can be awarded under Tariff Based Competitive Bidding route (TBCB) which would require viability gap funding from GoI.

 

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