Power Transmission Company Sterlite Raises ₹2 Billion from Allianz Global Investors
Sterlite Power, a power transmission infrastructure developer, has announced that it raised ₹2 billion ($27.23 million) in debt financing from leading investment managers Allianz Global Investors (Allianz GI), focusing on ...
Over ₹281 Billion Needed for Building Transmission Systems for Evacuating Renewables
The Central Electricity Authority (CEA), in its annual report for 2019-20, issued updates on the Green Energy Corridor program for the transmission and integration of renewable energy. To boost the ...
Sterlite to Begin Green Corridor Transmission Project in Gujarat to Evacuate Wind Energy
Sterlite Power, a global power transmission developer, has announced that it will join hands with GE T&D India Limited, Unitech Power Transmission Limited (UPTL), Tata Projects Limited (TPL), and Associate ...
India’s Transmission Infrastructure Struggles to Keep Up With Wind and Solar Additions
With the expected surge in electricity demand over the coming decade and the rapid installation of solar and wind, India’s transmission and distribution system will require significant expansion sooner than ...
Nearly 10 GW of Renewable Capacity Added to Green Energy Corridor: RK Singh
The Government of India has been working for a while now to expedite the implementation of transmission infrastructure for the evacuation of power from renewable energy projects. To accelerate the ...
RK Singh Returns as the Union Power Minister Under PM Modi’s New Cabinet
Former IAS officer turned bureaucrat politician R.K. Singh has returned as the Union Minister of State (IC) for Power and New & Renewable Energy (MNRE) under team Modi 2.0. He ...
PGCIL Proposes Blueprint for Solar and Wind Power Evacuation from Western Region
The Power Grid Corporation of India Limited (PGCIL) has come up with a detailed proposal for establishing a transmission system for the evacuation of power from potential solar and wind ...
There is Adequate Connectivity to Meet Transmission Requirements: R.K. Singh
The connectivity between the southern grid and the power grids of other regions are adequate to meet the power transmission requirements between Tamil Nadu and other states, according to the ...
Connectivity between Southern Grid and Other Power Grids Can Support 19.95 GW
The inter-regional transmission links being developed under India’s Green Energy Corridor program are ready to begin evacuating an aggregate capacity of 19.95 GW, according to government data. In a written ...
Green Energy Corridor is Underfunded, Says Standing Committee on Energy
The Standing Committee on Energy has said that more funding is needed if India is going to install enough physical transmission infrastructure to meet its ambitious timeline for creating a ...
Need for Green Energy Corridors Grows as Over 64 GW of Renewables are Connected to the Grid
India’s clean energy footprint is increasing every year and more than 64 GW of renewable energy capacity have been connected to the grid so far, according to Minister of Power ...
ADB to Finance More Transmission Network Components with Co-Financing from AIIB
The Asian Development Bank (ADB) has increased its investment in Indian grid-infrastructure development by agreeing to fund additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank ...
MNRE and GIZ Sign Agreement to Improve Grid Integration of Renewable Energies
The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India on behalf of the Government of Germany, signed an agreement on technical cooperation ...
MNRE Amends Guidelines for Disbursement of NCEF Grant for Intra-State Transmission System
The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the disbursal of National Clean Energy Fund (NCEF) grant for the development of intra-state transmission system under ...
European Investment Bank to Provide EUR 200 Million (~$213 Million) Loan to State Bank of India for Large-Scale Solar
The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8 billion), 20-year loan to State Bank of India (SBI) which will be utilized to help develop large scale solar ...
Asian Development Bank Approves $175 Million Loan Package for PGCIL
The Asian Development Bank (ADB) has approved a $175 million (~Rs.11.35 billion) loan to the Power Grid Corporation (PGCIL) to expand its solar power transmission network across the country. The ...
25 Indian States Fall Behind Solar RPO Targets
Twenty-five states in India have fallen behind their renewable purchase obligation (RPO) targets. The state-wise installation targets set by the Ministry of New and Renewable Energy (MNRE) have not been ...
ABB to Construct 1,830 km Transmission Link for PGCIL
The Power Grid Corporation of India (PGCIL) has awarded a $640 million transmission project to ABB, a power and automation technology group. The project involves developing an ultra-high-voltage direct current ...
Can Green Energy Transmission Corridor Development Keep Up with Rapid Renewable Energy Growth in India?
Recognizing the need for transmission infrastructure to cope with increasing renewable energy capacity, India is developing the Green Energy Corridor (GEC), a transmission network to connect renewable energy rich states ...
Indian State Transmission Utilities and Power Grid Corporation of India to Receive €1 Billion Soft Loan from Germany
The German government-owned development bank, KfW, is providing €1 billion (~$1.05 billion) soft loan to India to develop inter and intra-state transmission infrastructure under the green energy corridor program. The ...