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2017 restricted the capital cost of the transmission lines to ?1.56 crore/km as per the indicative cost submitted by CTU.
Transmission costs is to have the long-run marginal cost of transmission be borne by the generating companies located outside consumption centers, whereas the fixed investment cost is distributed among consumers.
All of the stakeholders in the construction of a new line ? utility companies, regulators, landowners ? have to come to an agreement, and they may have competing interests. Ultimately, electricity customers pay for new transmission lines via a surcharge in their electric bill.
Timeline: On average it can take 10 years or more to build a high-voltage transmission line.
These transmission lines will use a combination of lattice towers and support poles. The materials for construction needed for each tower are brought to site and distributed along the right-of-way where the towers will be built. Smaller poles are placed between the towers to support the transmission cables.
The Black & Veatch cost model maintained an electrical transmission line cost of $2.29M/mile for electrical transmission lines above 10 miles in length, which combines the costs of the transmission cable and the towers.
Analysis indicates that overhead transmission lines are the least expensive to build, ranging from $100 000 to $400 000/mile. Cost variability is influenced by pole spacing, pole heights, line ratings, river crossings, and the amount of work on ene...