Power Grid Plans Rs.400 Bn Subsea Link with Middle East
POWER & RENEWABLE ENERGY

Power Grid Plans Rs.400 Bn Subsea Link with Middle East

Power Grid Corporation of India is set to invest Rs.400 billion in a subsea interconnection project with the Middle East over the next five years. This ambitious plan aims to enhance energy security and facilitate cross-border electricity trade between India and its Middle Eastern counterparts.

The subsea interconnection will involve laying an underwater cable system that will connect India's power grid with the electrical networks of the Middle East. This project is expected to significantly boost the reliability of power supplies, support renewable energy integration, and open up new avenues for energy trade.

This initiative aligns with India's broader strategy to strengthen its energy infrastructure and establish itself as a key player in the global energy market. By creating a direct link with the Middle East, India aims to tap into the region's vast energy resources and leverage its strategic location to enhance energy import and export capabilities.

The project is also anticipated to foster greater economic cooperation between India and Middle Eastern countries, creating opportunities for technology transfer and joint ventures in the energy sector. Additionally, it will contribute to the overall stability and flexibility of India's power grid, helping to balance supply and demand more effectively.

As Power Grid Corporation moves forward with this project, it underscores India's commitment to expanding its energy network and integrating with international energy markets, reinforcing its role as a crucial energy hub.

Power Grid Corporation of India is set to invest Rs.400 billion in a subsea interconnection project with the Middle East over the next five years. This ambitious plan aims to enhance energy security and facilitate cross-border electricity trade between India and its Middle Eastern counterparts. The subsea interconnection will involve laying an underwater cable system that will connect India's power grid with the electrical networks of the Middle East. This project is expected to significantly boost the reliability of power supplies, support renewable energy integration, and open up new avenues for energy trade. This initiative aligns with India's broader strategy to strengthen its energy infrastructure and establish itself as a key player in the global energy market. By creating a direct link with the Middle East, India aims to tap into the region's vast energy resources and leverage its strategic location to enhance energy import and export capabilities. The project is also anticipated to foster greater economic cooperation between India and Middle Eastern countries, creating opportunities for technology transfer and joint ventures in the energy sector. Additionally, it will contribute to the overall stability and flexibility of India's power grid, helping to balance supply and demand more effectively. As Power Grid Corporation moves forward with this project, it underscores India's commitment to expanding its energy network and integrating with international energy markets, reinforcing its role as a crucial energy hub.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement