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Fiji Overhead Power Transmission Line Industry Analysis
The Overhead Electric Power Transmission Lines industry in Fiji is an important sector that provides electricity to households and businesses across the country. The industry has seen significant growth in recent years due to the increasing demand for electricity, which is being driven by population growth and economic development.
Current Scenario:
The current scenario of the industry is stable and growing. Fiji Electricity Authority (FEA), a state-owned company, operates the power grid in the country, including the transmission lines. FEA has been investing in the development of new transmission lines, upgrading the existing ones, and expanding the power generation capacity of the country. As of now, the transmission network has a total length of over 3,000 km, which includes both overhead and underground lines.
Construction of New Projects:
FEA has several projects in the pipeline, aimed at expanding the transmission network and improving the reliability and efficiency of the power supply. One of the significant projects is the construction of a new 132 kV transmission line from Wailoa Power Station in Nadi to Vuda Substation. This project will improve the reliability of the electricity supply to the Western Division of Fiji.
Another project is the expansion of the 132 kV transmission network in the Central Division of Fiji. The project involves upgrading the existing transmission lines and building new ones to improve the capacity and reliability of the power supply in the region.
Major Drivers:
The major drivers of the Overhead Electric Power Transmission Lines industry in Fiji are the increasing demand for electricity due to population growth, economic development, and urbanization. Moreover, the government's initiatives to promote renewable energy sources like solar and wind power are also driving the growth of the industry.
Industry Outlook:
The industry outlook for Fiji is positive, with the government focusing on renewable energy and the expansion of the power grid to remote and rural areas. The government has set a target of achieving 100% renewable energy by 2036, which is expected to drive the demand for transmission lines.
In conclusion, the Overhead Electric Power Transmission Lines industry in Fiji is an essential sector that is growing and expanding to meet the increasing demand for electricity. The government's initiatives to promote renewable energy and expand the power grid will continue to drive the growth of the industry in the coming years.
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