Rs.500 bn opportunity in green transmission

The PowerGrid Corporation of India (PGCIL), as reported, sees a market opportunity of Rs 500 bn to establish Green Energy Evacuation Corridors in India by 2022. The Centre has targetted an additional 10 GW of solar power generation capacity in the grid. To achieve this, a minimum of 60,000 MW of additional transmission capacity is needed by 2022. <p></p> <p>These projects will reportedly have a budget of Rs 500 bn and are expected to be announced over the next couple of years. </p> <p>Contact: PowerGrid Corporation of India.</p> <p>Website: www.powergridindia.com</p>