India Plans $109 Billion of Grid Investments to Boost Renewables ...Middle East

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India Plans $109 Billion of Grid Investments to Boost Renewables
source : OILPRICE ( Middle East ) () 54
India plans a massive upgrade and expansion of its power transmission system, expecting investment opportunities of $109 billion to support the integration of renewable energy sources and storage solutions, the power ministry has said. India’s new National Electricity Plan (Transmission) envisages the addition of hundreds of thousands of kilometers of transmission lines, transformation capacity, and inter-regional transmission capacity by 2032. India aims to have 500 gigawatts (GW) of renewable energy capacity installed by 2030 and more than…

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