Power Grid Plans Rs.40,000 Cr Subsea Link to Middle East

30 Jul 2024 CW Team

The project, which is set to be completed within five years, will involve the laying of undersea cables to facilitate the exchange of electricity between India and the Middle East. This interconnection is expected to not only improve the reliability of power supply but also optimise the utilisation of renewable energy resources, thereby supporting India's transition to a greener energy mix.

PGCIL?s Chairman and Managing Director, K. Sreekant, emphasised the significance of this initiative, noting that it will play a crucial role in meeting the growing energy demands and enhancing grid stability. The subsea link will also provide a platform for sharing surplus power during periods of peak demand, fostering greater cooperation and integration between the two regions.

The proposed subsea interconnection aligns with the broader vision of the International Solar Alliance (ISA) and the One Sun, One World, One Grid (OSOWOG) initiative, which seeks to create a global network of interconnected grids to promote sustainable energy solutions. By connecting with the Middle East, India aims to tap into the vast potential of renewable energy, particularly solar power, and ensure a more balanced and secure energy supply.

This landmark project underscores PGCIL?s commitment to advancing India?s energy infrastructure and promoting international collaboration in the energy sector. The subsea interconnection is poised to be a game-changer, paving the way for a more interconnected and resilient global power grid.

Power Grid Corporation of India Limited (PGCIL) is planning an ambitious subsea interconnection project worth ?40,000 crore to connect India with the Middle East. This strategic initiative aims to enhance energy security and bolster cross-border electricity trade, contributing to the stability and resilience of the power grids in both regions. The project, which is set to be completed within five years, will involve the laying of undersea cables to facilitate the exchange of electricity between India and the Middle East. This interconnection is expected to not only improve the reliability of power supply but also optimise the utilisation of renewable energy resources, thereby supporting India's transition to a greener energy mix. PGCIL?s Chairman and Managing Director, K. Sreekant, emphasised the significance of this initiative, noting that it will play a crucial role in meeting the growing energy demands and enhancing grid stability. The subsea link will also provide a platform for sharing surplus power during periods of peak demand, fostering greater cooperation and integration between the two regions. The proposed subsea interconnection aligns with the broader vision of the International Solar Alliance (ISA) and the One Sun, One World, One Grid (OSOWOG) initiative, which seeks to create a global network of interconnected grids to promote sustainable energy solutions. By connecting with the Middle East, India aims to tap into the vast potential of renewable energy, particularly solar power, and ensure a more balanced and secure energy supply. This landmark project underscores PGCIL?s commitment to advancing India?s energy infrastructure and promoting international collaboration in the energy sector. The subsea interconnection is poised to be a game-changer, paving the way for a more interconnected and resilient global power grid.

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