 "Power infra, electricity metre, power meter")
A PwC report Power Infra Key challenges
- Limited manufacturing and communication infrastructure capacity leading to sluggish roll outs as against the need for installing 250 million smart meters by December 2025
- Keeping the private investors enthused remains a challenge due to implementation hurdles impacting the project timelines
- Scope for betterment of project governance structure to ensure quality delivery and adherence to the timelines
- Need for upskilling the power sector workforce to work with cutting-edge technology interventions Industry ask
- PLIs for smart meter manufacturing and related communication infrastructure in India for the next 3-5 years
- Encourage research and development in smart grid solutions with an objective to increase indigenised participation
- Simplify regulatory frameworks to accelerate deployment of smart grid technologies and improve business conditions.
- Revisiting the fund allocation and institutional structure for state level capacity building and consumer engagement to support grid modernization activities
The Budget presents a unique opportunity to revisit some of the key modernisation programmes in terms of committed budgetary outlay, fiscal incentives, measures to attract private investors etc,” said Shardul S Fadnavis, Partner & Utility transformation leader, PwC India.
