PIB+BACKGROUND: Jharkhand Power System Improvement Project
- Government of India and the World Bank sign $310 million Loan Agreement for Jharkhand Power System Improvement Project to provide reliable, quality, and affordable 24×7 electricity to the citizens of Jharkhand.
The Government of India, the Government of Jharkhand and the World Bank signed a $310 million Loan Agreement for Jharkhand Power System Improvement Project to provide reliable, quality, and affordable 24×7 electricity to the citizens of Jharkhand.
The project is part of the Government of India’s Power for All program launched in 2014.
The plan envisages addition of over 4.5 GW generation capacities by 2022 (including a significant share of 1.5 GW from solar energy), through a mix of Private and Public Sector investments.
Jharkhand Power System Improvement Project:
- It will help build new power transmission infrastructure.
- It will deploy systems to improve the technical efficiency and commercial performance of the state power sector utilities.
- It will help bring in modern technology solutions like automated sub-stations, and network analysis and planning tools to give reliable power supply and enhance customer satisfaction.
The proposed investments aimed at improving power transmission infrastructure, and also focus on developing institutional capacities of State-owned power transmission and distribution companies and improving their operational performance.
- Construction of new substations and transmission lines mainly at 132KV voltage level.
- Support to the Jharkhand Urja Sancharan Nigam Limited (JUSNL) in setting-up systems for strengthening the State Load Dispatch Centre (SLDC) operations including financing software solutions for improving scheduling and dispatch functions.
- This will integrate renewable energy in the State grid.
- The project will support smart meters, with two-way communication and backend IT infrastructure, deployed in select urban towns.
- These meters will not only reduce technical and commercial losses, but also improve peak load management.
- These meters are expected to provide consumers with better access to data which will encourage them to reduce their electricity consumption.
- The project will finance smart metering for around 350,000 consumers in the capital city of Ranchi.
The Government of Jharkhand has achieved significant results towards electrification. As per data from the Jharkhand Distribution Company more than 80 percent of all citizens in the State have access to electricity.
The State will continue to work towards providing reliable 24×7 Power for all its consumers. The Per Capita Consumption of electricity in Jharkhand at 552 kWh at the end of FY16 is nearly half of the national average.
Improved availability of power from plants owned by the Central Government and Independent Power Producers (IPPs) has helped the State achieve lower demand supply deficits in recent years.