Centre requests Rs 220 billion from EFC for 900-km Ladakh power link

04 Aug 2022 CW Team

Due to strategic considerations, the government has issued a letter to the Expenditure Finance Committee (EFC) proposing to spend over Rs 220 billion to build a 900-km electricity transmission link from Ladakh.

The 10 GW of renewable energy capacity being installed in Ladakh will be transmitted via the flagship project, which will be built by the state-run Power Grid Corporation of India (PGCIL). Due to security concerns regarding China, PGCIL was given the project on a "nomination basis" while the government had previously considered soliciting international bids for the construction of the link. The transmission line will feature a 12 GWh battery energy storage component and stretch from Pang in Leh to Kaithal in Haryana.

A cabinet note for the project, which is a crucial component of India's ambition to develop Ladakh as a carbon-neutral region, would be circulated after the EFC, which is led by the expenditure secretary, approves the plan. The action, which is also a part of a plan to expand the union territory, is anticipated to draw capital for the construction of green energy projects in the arid, cold area.

Also read:
RDSS projects to strengthen power infra for Ladakh
India builds 2,088 km of road along China border over 5 years

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..