Power
India Has Grand Renewable Energy Transmission Plans
India's National Committee on Transmission has sanctioned six power transmission projects valued at US$8 billion
Released Friday, June 16, 2023
Reports related to this article:
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Researched by Industrial Info Resources (Sugar Land, Texas)--India's National Committee on Transmission, functioning under the Ministry of Power (New Delhi), has sanctioned six power transmission projects valued at US$8 billion. These initiatives will play a crucial role in linking green energy installations and are likely to be awarded through a competitive bidding process in 2023.
These power transmission projects aim to connect renewable energy zones in Gujarat, Rajasthan, and Maharashtra, as well as hydropower projects in Himachal Pradesh. Among these projects, the upcoming 30-gigawatt Khavda Renewable Energy Park in Gujarat, which will be the largest in the country, has received the maximum allocation of funds. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for related reports.
It's worth noting that the previous significant allocation of power transmission projects to the private sector occurred in 2015, when eight projects of approximately US$6 billion was tendered.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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