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India's focused approach of providing reliable power to all has created lucrative investment in the transmission and distribution (T&D) sector over the past few years. Changing energy dynamics and the emergence of large renewable capacities to be connected to grid will also play a bigger role for investments in the T&D sector. The Indian government has already introduced policy reforms to attract private companies to participate; such Inter State Transmission System (ISTS) projects in public-private partnership, on the tariff-based competitive bidding (TBCB) model, are already showing good results.
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