Close Menu
    What's Hot

    Apple market cap reaches 4.94 trillion to top Nvidia

    July 29, 2026

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    PR Newswire Expands AEO & GEO Brand Report to Europe, the Middle East, India and Africa

    July 29, 2026
    Facebook X (Twitter) Instagram
    Giza DailyGiza Daily
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Giza DailyGiza Daily
    Home » With a $30 billion power grid upgrade, India to triple clean-power capacity by 2030
    Business

    With a $30 billion power grid upgrade, India to triple clean-power capacity by 2030

    December 9, 2022
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email VKontakte Telegram WhatsApp

    In order to achieve its goal of nearly tripling the country’s clean-power capacity by 2030, the Indian government, under Prime Minister Narendra Modi, has unveiled a Rs 2.44 lakh crore ($29.6 billion) plan to build transmission lines for renewable generation in the country. According to a statement from the Ministry of Power, through the project, solar plants in the sun-drenched deserts of Rajasthan and Gujarat, as well as wind farms in Tamil Nadu, will be connected to the national power grid.

    By the end of the decade, India’s inter-regional transmission capacity will increase from 112 gigawatts to 150 gigawatts. The lack of transmission lines in India has hampered the growth of renewable electricity in the country. It is essential for the nation to address this shortfall as it embarks on its journey towards net zero by 2070. This is so that clean energy can be carried to urban and industrial hubs that are often remote from sources of energy.

    With a total generation capacity of 173 gigawatts, India generates its electricity from non-fossil fuel sources, which includes building transformers and high-voltage lines to transport power over long distances, as well as laying submarine cables for transferring electricity from offshore wind projects. Despite the fact that the power networks sector welcomed the revised plan, it did sound a note of caution with regards to the awarding of contracts. The private transmission companies have been lobbying New Delhi to allocate all projects through competitive bids rather than allowing the state-run Power Grid Corp. of India Ltd. to get some of the projects without any competition.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email VKontakte WhatsApp
    Previous ArticleAir India to spend $400 million on the refurbishment of its Boeing 777s and 787s
    Next Article Pakistan urgently seeks $3 billion from KSA after plunge in forex reserves

    Related Posts

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    PR Newswire Expands AEO & GEO Brand Report to Europe, the Middle East, India and Africa

    July 29, 2026

    Senate crypto bill faces pushback over conflict of interest rules

    July 28, 2026
    Editor's Pick

    Apple market cap reaches 4.94 trillion to top Nvidia

    July 29, 2026

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    Porsche to cut 5000 more jobs under restructuring plan

    July 28, 2026

    Senate crypto bill faces pushback over conflict of interest rules

    July 28, 2026

    May foreign tourist arrivals drive South Korea travel surplus

    July 27, 2026

    Extreme heat wave triggers emergency alerts across Daegu

    July 27, 2026

    Heat intensifies severe drought across European nations

    July 24, 2026
    © 2026 Giza Daily | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.