The transmission network system requires a significant amount of investment for expansion of wheeling capacity, improving reliability, stability and reducing transmission losses.
The Private Sector investment will be required in the following areas to achieve the goals of the electric power reform programme of the government.
- Transmission Network expansion;
- Dualization of critical lines to create redundancy;
- Relief for congested segments of the grid;
- Replacement of old & broken down lines & equipment
- Modern asset management & operational processes
- Efficient Project management practices
- Vegetation management;
- Human capacity development
- Local manufacture of components.
- Implementation of the Super Grid concept (approx. cost of $5bn)
A clear and concise contractual, regulatory, and financial framework is a critical requirement for attracting private sector capital to the NESI. The Commission guided by the EPSR Act 2005, provides a tariff methodology that encourages investment in transmission sub-sector of the industry.