The Kerala State Electricity Board (KSEB) has approved its Capital Investment Plan (CIP) for the 2026-27 fiscal year with a total outlay of ₹6,478.41 crore, officials said. The plan allocates ₹848.79 crore for power generation, ₹1,175.48 crore for transmission, and ₹1,669 crore for power distribution.
KSEB has earmarked ₹100 crore for smart meters, ₹17 crore for detailed project reports on pumped storage projects (PSPs), ₹170 crore for battery energy storage systems (BESS), and ₹52 crore for electric vehicle charging stations. The PSP and BESS initiatives are designed to store excess renewable energy produced during the daytime from solar and other sources, officials noted.
For hydropower generation, ₹20 crore has been allocated to the Maripuzha hydroelectric scheme and ₹10 crore to the Poringalkuthu small hydroelectric power project Stage II, both expected to commence soon, according to a December 16 order approving the annual plan. The KSEB also plans to spend ₹419.36 crore on ongoing hydroelectric schemes in the coming fiscal year.
Renewable energy projects, including solar and wind initiatives under various schemes, have been allocated ₹3.60 crore. Officials clarified that projects with state support will proceed only after funds are sanctioned and released by the Kerala government.
On the transmission side, ₹463.83 crore is allocated for regular transmission works, while ₹598.75 crore is earmarked for TransGrid 2.0, an ongoing project aimed at strengthening Kerala’s power transmission network. For power distribution, ₹127 crore has been set aside for the ‘Dyuthi’ scheme to enhance the state’s distribution infrastructure.
Additionally, the KSEB director board approved a revised plan for 2025-26 with a total outlay of ₹4,789.75 crore. Officials emphasized that these investments aim to improve energy infrastructure, support renewable energy integration, and ensure reliable power supply across Kerala.
The Capital Investment Plan reflects KSEB’s continued focus on modernizing the power sector, incorporating advanced storage technologies, and promoting sustainability through renewable energy projects.
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
