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Gujarat Energy Transmission to spend Rs 96,000 cr in eight years

Tuesday, 18 Jun 2024
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Gujarat Energy Transmission Corporation (GETCO) will spend Rs 96,000 crore over the next eight years in building transmission infrastructure within the state. It will be ready for evacuating the growing renewable energy capacity in the state.

Gujarat has 11,823 MW of wind and 14,182 MW of solar, totalling 26,005 MW. Between 2024-25 and 2030-31, the state expects to add 22,546 MW of wind and 24,694 MW of solar, which will take the total RE capacity to 73,245 MW. It also expects to add 2,458 MW of coal (in 2028-29) and 1,620 MW of hydro capacities.

Meanwhile, the state has completed two tenders for battery based energy storage, in March and June, and has got storage cost at Rs 4.43 and Rs 3.67 a kWhr, respectively. Each tender is for 250 MW of capacity. Indigrid has bagged the project in the first tender, and Gensol in the second.

GUVNL will pay Rs 4.48 lakh and Rs 3.73 lakh per MW per month to the companies, and the input energy will be supplied by GUVNL. The companies are expected to maintain the battery storage system. The storage companies are to supply electricity for two hours each in the morning and evening peak periods.

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