Centre sanctions ‘Smart Grid Project’ in 4 cities

Union power minister Piyush Goyal has said smart grid projects have been sanctioned for four cities- Amaravati in Maharashtra, Congress Nagar (Nagpur), Chandigarh and Kanpur in Uttar Pradesh.

Replying to a question in Parliament, he said while Rs 90.05 crore is the estimated project cost for Amaravati, Rs 139.15 crore is for Congress Nagar, Rs 28.58 crore for Chandigarh and Rs 319.57 crore for Kanpur.

He said, “Ministry of Power (MoP) has established NSGM to plan and monitor the Smart Grid projects being implemented in the country. The NSGM Technical Committee and Empowered Committee review the Smart Grid projects. Further, reviews of Smart Grid projects are also conducted in the MoP.”

Goyal added: “Smart Grids primarily aim to improve reliability of the
Electricity networks, and makes the grid amenable to renewable energy inputs through distributed generation. Further, increased efficiencies with a Smart Grid and Smart meters would empower the consumers to manage their electricity consumption in a better manner, which may lead to reduction of power bills.”

Image Credit : realtyfact.com

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner