Part of: Mains GS-III: Energy
In News: The launch of the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021 has paved the way for overhauling of transmission system planning, towards giving power sector utilities easier access to the electricity transmission network across the country.
Transmission system is the vital linkage in the power sector value chain connecting the generation and the demand. The Rules will
- Streamline the process of planning, development and recovery of investment in the transmission system.
- The rules are aimed at encouraging investments in the generation and transmission sectors.
- The rules will enable the country to develop deeper markets.
- Underpins that “electricity transmission planning shall be made in such way that the lack of availability of the transmission system does not act as a brake on the growth of different regions and the transmission system shall, as far as possible, to be planned and developed matching with growth of generation and load and while doing the planning, care shall be taken that there is no wasteful investment”.
News Source: PIB