May 05, 2023 27,000 ckm of power transmission lines to be added by 2024-25 The power transmission network is planned to be expanded from 4,25,500 circuit km (existing as on May 31, 2020) to 4,54,200 circuit kilometre (ckm) by 2024-25 resulting in addition of nearly 28,700 ckm under Prime Minister's Gati Shakti Master Plan.
Apr 05, 2023 Ladakh’s renewable energy to get a boost with new transmission project A transmission line project to evacuate 13,000 MW of renewable energy with a central government support of Rs 8,300 crore and a total project cost of Rs 20,700 crore gives a push to the union territory’s green energy projects and development
Mar 05, 2023 GRIDCO to procure 400 MW low-cost wind power The Grid Corporation of Odisha (GRIDCO) will procure 400 MW low cost wind power through Solar Energy Corporation of India (SECI) from Inter State Transmission System (ISTS) connected wind power projects in Karnataka and Gujarat from 2024-25 fiscal for 25 years.
Feb 05, 2023 Norwegian Fund invests Rs 900 million in Karnataka's transmission project The new Norwegian Climate Investment Fund, managed by Norfund, together with KLP, Norway's largest pension company, made the first investment of Rs 900 million in an Indian transmission project in Karanatak being developed by ReNew Power.
Jan 05, 2023 Expansion of wind energy projects The Government has taken several steps to promote renewable energy, including wind energy, in the country. These, inter alia, include; permitting Foreign Direct Investment (FDI) up to 100 per cent under the automatic route, waiver of Inter State Transmission System (ISTS) charges for inter-State sale of solar and wind power for projects to be commissioned by June 30, 2025, declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2030.
Jan 05, 2023 Government to build transmission of 500 GW green energy by 2030 The government launched a plan for building a transmission system for evacuating 500 gigawatts (GW) of non-fossil based energy by 2030. The plan provides transmission service providers with investment opportunities of about Rs 2.44 lakh crore.
Dec 20, 2022 India to Invest Rs 2.8 trillion in Transmission Network India plans to invest Rs 2.8 trillion by 2030 in setting up an Interstate Transmission Network (ISTS) to evacuate renewable energy, said K Sreekant, Chairman and Managing Director of government-owned Powergrid Corporation of India (PGCIL).
Dec 05, 2022 India to invest Rs 2.8 lakh crore in ISTS India is planning to invest Rs 1.4 lakh crore by 2026-27 in setting up interstate transmission network (ISTS) for evacuation of renewable energy and a similar number till 2030. Rs 1.4 lakh crore is by 2026-27, beyond that it is still to be developed.
Oct 05, 2022 Adani to invest Rs 5,000 crore and upwards in FY23 & FY24 Adani Transmission will continue to invest Rs 5,000 crore and upwards in this fiscal year and the next. The company will continue to invest Rs 5,000 crore upwards each year in the ATL portfolio.