logo
Power sector needs ₹42 lakh crore by 2032; Centre flags tariff reforms, transmission gaps at regional meet

Power sector needs ₹42 lakh crore by 2032; Centre flags tariff reforms, transmission gaps at regional meet

Time of India20 hours ago

New Delhi: India's peak power demand is expected to reach 270 GW by the end of 2025, up from 250 GW recorded in May and 242 GW so far this year, Union Power Minister Manohar Lal said at the Regional Conference for Eastern Region States and Union Territories held in Patna.
The Minister said the national grid had transformed into a unified network under the '
One Nation-One Grid
' vision, adding that coordinated planning between the Centre and states was key to ensuring uninterrupted power supply in the coming decade. The country's peak power demand is projected to rise to 446 GW by FY2034–35, he noted.
'The power sector needs an estimated investment of ₹42 lakh crore by 2032. This requires states to ensure resource adequacy, tie up generation capacity, and adopt balanced energy portfolios that include nuclear, renewable and conventional sources,' he said.
The meeting was attended by Minister of State for Power and Renewable Energy Shripad Yesso Naik, Odisha Deputy Chief Minister Kanak Vardhan Singh Deo, Bihar Energy Minister Bijendra Prasad Yadav, Jharkhand's Urban Development Minister Sudivya Kumar, and top officials from the Ministry of Power, along with CMDs of key central and state-owned power firms.
Manohar Lal said each state should plan for at least one nuclear power plant and expedite approvals to strengthen intra-state transmission. He said ₹1.5 lakh crore in 50-year interest-free loans had been allocated under the 2025–26 Union Budget for capital expenditures by states, including transmission upgrades.
'The share of renewables in India's total power generation has risen from 32% in 2014 to 49% in April 2025. States must promote renewable energy with storage systems and enforce Renewable Purchase Obligations,' the Minister said, adding that India targets 100 GW of nuclear energy capacity by 2047.
He urged states to resolve RoW (Right of Way) issues in intra-state transmission, explore diverse funding sources including listing of utilities and tapping multilateral institutions, and adopt
power islanding schemes
to safeguard against cyberattacks.
The Minister said smart metering was key to improving discom efficiency and reducing payment delays. 'States should ensure prepaid smart meters in all government buildings and colonies by August 2025, and for commercial and industrial users by November 2025,' he said.
Shripad Yesso Naik asked states to complete
PM-KUSUM projects
by December 2025 and expedite the PM Surya Ghar Muft Bijli Yojana.
Power Secretary Pankaj Agarwal urged states to finalise generation capacity tie-ups aligned with their resource adequacy plans through mechanisms such as TBCB and RTM. He also emphasised the need for grid security protocols and cyber resilience in distribution and transmission networks.
States were advised to engage with regulatory commissions to ensure timely tariff orders and bridge the gap between Average Cost of Supply (ACS) and Average Revenue Realisation (ARR) to improve financial viability of power utilities.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Emergency a warning against future dictatorship: Amit Shah
Emergency a warning against future dictatorship: Amit Shah

India Gazette

time41 minutes ago

  • India Gazette

Emergency a warning against future dictatorship: Amit Shah

New Delhi [India], June 25 (ANI): Union Home Minister Amit Shah on Wednesday addressed a gathering at the first-ever event organised to commemorate 25th June as 'Samvidhan Hatya Diwas' (Constitution Killing Day), pointing out that the Emergency was imposed on the day. Terming the imposition of Emergency in India for 21 months from 1975 to 1977, the Home Minister said, 'Bad incidents usually should be forgotten in life. And it is correct, but when it relates to social life and national life, then bad incidents should be remembered forever, so that the youth and teenagers of the country are cultured, organised, ready to defend, and ensure that such bad incidents are never repeated again.' Shah said with this thought in mind, Prime Minister Narendra Modi decided to commemorate June 25 of every year as 'Samvidhan Hatya Diwas' and the Union Home Ministry issued a notification related to it. 'The manner in which the country was reduced to a prison during the Emergency, the soul of the country made dumb, the courts made deaf and pens of the writers were made to fall silent, keeping those things in mind and after giving it a thought, it was decided to commemorate today as 'Samvidhan Hatya Diwas'. This will bring awareness in the younger generations about the incidents that happened during the Emergency,' Shah said. He further said, 'Remembering the Emergency is not just knowing history, but it is a warning.' Union Home Minister said that on the night of June 24, 1975, the Emergency was imposed, and an ordinance was promulgated to implement a dictatorial mindset. 'The Constitution, which was crafted after deliberation and discussion involving 2,66,000 words by Dr. Babasaheb Ambedkar and other framers, was effectively nullified, and the then Prime Minister destroyed the spirit of the entire constitution by just saying that - The President has declared emergency. The essence of the Constitution was destroyed with just one sentence,' said the Home Minister. He said that two significant events took place on June 12, 1975: the Allahabad High Court invalidated the election of the Prime Minister and barred her from contesting elections for six years. 'A state of shock spread across the country, though the Supreme Court later granted a stay on the order. Simultaneously, on June 12, the Janata Morcha experiment succeeded in Gujarat, bringing an end to the rule of the opposition party and establishing the Janata Party government. Alarmed by these developments, the Emergency was imposed on June 25.' Shah said that while the reason given was that national security was under threat, the whole world now knows that it was the Prime Minister's position of power that was truly under threat. Shah said that Jayaprakash Narayan's slogan of 'Sampoorna Kranti' had revolutionised the entire nation. 'The movement, which began in Gujarat, had reached Bihar. The government in Gujarat fell, elections were held, and the then ruling party was voted out of power. Subsequently, all opposition parties came together to form the Janata Party government, which served as a major warning for the then Prime Minister,' he said. Union Home Minister also said that by imposing the Emergency, the courts that granted stay were silenced, the newspapers were silenced, and even All India Radio was silenced. 'Around 1,10,000 social and political activists were thrown into prison cells. A Cabinet meeting was called at 4 am without any circulated agenda, and the Emergency was proclaimed. After thoroughly investigating the events during the Emergency, the Shah Commission stated that the acts of detention, forced sterilization, and demolitions had created an atmosphere of fear across the country that had no parallel elsewhere,' said Shah. 'Newspaper offices were shut down, 253 journalists were arrested, 29 foreign journalists were expelled from the country, and several newspapers protested the Emergency by leaving their editorial columns blank--most notably, The Indian Express and Jansatta. Their electricity supply was cut off, parliamentary proceedings were censored, the judiciary was effectively brought under control, and democratic rights were completely suppressed throughout the country,' Shah reminded. The Minister said that judges in the judiciary who delivered verdicts against the government were prevented from becoming Chief Justice of the Supreme Court. 'Singer Kishore Kumar and actor Manoj Kumar's films were banned. Actor Dev Anand was barred from appearing on Doordarshan, and the films Aandhi and Kissa Kursi Ka were also banned,' he said. The Home Minister said that in the election held after the Emergency, for the first time in the country, a non-Congress government was formed with an absolute majority. 'It is important to remember that day so that no one in the future can impose a dictatorial mindset on the Constitution of this country,' Shah said. He said that during the Emergency, a mindset had developed that the party was bigger than the nation, the family was bigger than the party, the individual was bigger than the family, and power was more important than national interest. In contrast, today, under the leadership of Prime Minister Modi, the Home Minister said the idea of 'Nation First' resonates deeply in the hearts of the people. 'This transformation has been made possible due to the struggle of thousands of warriors of democracy who spent 19 months in jail. Today, under PM Modi's leadership, 1.4 billion Indians are striving with commitment to make India number one in every field globally by the year 2047, and are moving forward with determination toward that goal,' added Shah. (ANI)

Delhi Confidential: ‘Courtesy Call'
Delhi Confidential: ‘Courtesy Call'

Indian Express

timean hour ago

  • Indian Express

Delhi Confidential: ‘Courtesy Call'

Chief Minister Siddaramaiah's meeting with Congress general secretary (organisation) K C Venugopal, which came in the wake of bribery allegations made by some Karnataka Congress leaders, has sparked discussions in the state unit. Senior leaders maintained that the 20-minute meeting at Venugopal's residence was a 'courtesy call'. Sources said the CM wished to discuss his meeting with President Droupadi Murmu and one with state cabinet ministers. Veteran journalist and IGNCA president Ram Bahadur Rai was seated at the front row of a government event in the capital to mark 50 years of the Emergency. Union Culture Minister Gajendra Singh Shekhawat walked down to Rai, took him by the hand and led him to the stage where he was then seated. Union Home Minister Amit Shah praised Rai, a former Jansatta news editor who was jailed for over a year during the Emergency, multiple times during the event. Rai, who was part of a committee that led the JP movement, was awarded the Padma Shri in 2015 and the Padma Bhushan this year.

Constitution as sacred as Gita, Guru Granth Sahib and Bible: Minister SP Singh Baghel
Constitution as sacred as Gita, Guru Granth Sahib and Bible: Minister SP Singh Baghel

Time of India

timean hour ago

  • Time of India

Constitution as sacred as Gita, Guru Granth Sahib and Bible: Minister SP Singh Baghel

Kurukshetra: Union minister of state (MoS) for fisheries, animal husbandry & dairying and panchayati raj, SP Singh Baghel, on Wednesday described the Indian Constitution as a sacred text on a par with the sacred Bhagavad Gita, Guru Granth Sahib, and the Bible, emphasising that it must be respected and honoured as the foundation of India's democracy. Notably, the minister did not make any mention of Quran in his address. He was speaking at a programme organised on the occasion of Samvidhan Hatya Diwas 2025 (Constitution Murder Day 2025) at the Panchayat Bhawan auditorium in Kurukshetra. Addressing the gathering as the chief guest, Baghel said amendments in the Constitution are acceptable if made in the national interest, but any changes made for personal or political gain amount to the murder of the Constitution. He asserted that the BJP is committed to protecting the Constitution and upholding democratic values. Prior to his address, the minister visited an exhibition organised to depict the events surrounding the Emergency imposed in 1975, a period he said was widely viewed as a dark chapter in Indian democracy. During the event, individuals who were jailed during the Emergency and their families were honoured with shawls in recognition of their sacrifices. Baghel highlighted the symbolic importance of Kurukshetra, calling it the land where the eternal struggle between dharma and adharma, and justice and injustice, was first understood. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kardiolog prozrazuje: Za velké břicho nemohou kalorie (Dělejte toto jednou denně) Dozvědět se víc Undo He said this message, rooted in Indian civilisation, has resonated globally. "In every age, injustice has ultimately failed. This lesson must not be forgotten, especially by those who attempt to undermine the Constitution," he remarked. He also underscored India's democratic heritage, stating, "Our democracy dates to the Dwapar and Treta Yugas. In contrast, the US only has the Statue of Liberty to symbolise its democratic ideals, yet it claims to be the oldest democracy. Today, India's citizens challenge that claim with pride, as India remains the world's oldest and largest democracy." The minister took the opportunity to highlight India's progress on gender inclusion in leadership, stating, "India has had two women Presidents, while the US is yet to elect a woman President." Criticising the 1975 Emergency, Baghel called it the only dark blot on Indian democracy. "It was a time when civil liberties were crushed. Citizens went into hiding, businesses were shuttered, farmers could not tend to their fields, and anyone seen outside risked being jailed. Around 1.1 lakh people, including journalists, were imprisoned. Electricity supply was cut off, and mass sterilisations were conducted. None of the conditions required to declare an emergency — external threat, internal disturbance, or financial crisis — existed at the time," he said. He noted that after the BJP came to power, efforts were made to honour and recognise those who endured suffering during the Emergency, restoring their dignity in the nation's democratic narrative. The event was attended by several BJP leaders from Kurukshetra.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store