Indian Government has setup an ambitious target of reaching $20 Trillion economy in 2040 from the current level of $2.5 trillion, this is a steep target (12.25% CAGR Growth in GDP). Now, to achieve that, the most important sector will be the infrastructure. That is why Government has launched PM Gati Shakti Portal last year in Oct-21, so that the infrastructure projects can be launched and finished fast.

Q1) What is PM Gati Shakti Portal?

Ans: Prime Minister launched PM Gati Shakti - National Master Plan for Multi-modal Connectivity, essentially a digital platform to bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects. The multi-modal connectivity will provide integrated and seamless connectivity for movement of people, goods and services from one mode of transport to another. It will facilitate the last mile connectivity of infrastructure and also reduce travel time for people. The portal will include all the existing and planned initiatives of various Ministries and Departments with one centralised portal. Each and every Department will now have visibility of each other's activities providing critical data while planning & execution of projects in a comprehensive manner.

Q2) What is India’s target of Green Energy by 2030?

Ans: Currently, in India we have a total power generation capacity close to 350 GW. And, major chunk that is almost 70% is being produced from Coal and rest from green sources like Solar, Hydro and Nuclear. Government is targeting to achieve 500 GW by 2030 from renewable sources which is currently close to 100 GW. So, Government is targeting 5x growth in renewable energy in next 8 years.

Q3) How to achieve the 500 GW renewable Energy Target and role of Sterlite Power?

Ans: Now to achieve this ambitious target of 500 GW of Energy by 2030, we need combination of both i.e. Generators (that will produce electricity) and transmission lines (which transfers electricity). The transmission lines will be helpful in transferring electricity from a Zone where abundance of renewable energy available to a Zone which has abundance of consumption. So, transmission lines will act as a bridge between demand and source.

Q4) How this Gati Shakti Portal will help transmission companies like Sterlite Power?

Ans: As per MD of Sterlite Power Mr. Pratik Aggarwal, 2/3 time of transmission projects are wasted in route planning and sourcing various permits and approvals from government. This new portal will help companies like Sterlite Power to digitally identifies the most optimal route to get accurate location of railways, highways etc and also they will get fast approval for ROW (Right of Way) permission. This will not only save time but also costs as they will able to find right routes at first instance. The biggest USP of this portal is “Single Window Clearance”.

Q5) Has Power Ministry identified any transmission projects under this portal?

Ans: The power ministry has identified 9 transmission lines projects in rich renewable energy states like Rajasthan, Gujarat, Madhya-Pradesh, Maharashtra, Tamilnadu and Karnataka. We hope that this initiative of Government of India will help achieve their target of 500 GW of renewable energy by 2030. If you think Sterlite Power will be a big beneficiary of this project and wanted to invest in the unlisted shares of Sterlite Power then check the below link. https://unlistedzone.com/shares/sterlite-power-transmission-limited-share-price-buy-sell-unlisted-shares-of-sterlite-power-transmission/