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A senior official of India's Ministry of Power said in an interview with the media a few days ago that considering that the government needs to invest about $50 billion to $80 billion
in the transmission industry in the next five years, considering the government's goal of achieving the 175 GW renewable energy integration goal and the universal electricity plan.
The official said now is the best time
for India's transmission business to grow.
However, the biggest challenge is technology
.
With the massive increase in renewable energy, does India have a strong power infrastructure to support its development
.
The Ministry of Electricity also revealed that power infrastructure
should be developed according to local conditions.
For example, Rajasthan and Tamil Nadu, the states with the most abundant natural resources, may today experience inadequate transmission infrastructure, so investment in these areas will need to be increased so that more power capacity can be connected to the grid
.
In addition, areas such as Madhya Pradesh, Maharashtra and Karnataka are also good investment destinations
.
Currently, there are more than Rs 8,000 crore in power projects being implemented in India, which, once completed, will greatly improve the burden on the
entire power sector.
A senior official of India's Ministry of Power said in an interview with the media a few days ago that considering that the government needs to invest about $50 billion to $80 billion
in the transmission industry in the next five years, considering the government's goal of achieving the 175 GW renewable energy integration goal and the universal electricity plan.
The official said now is the best time
for India's transmission business to grow.
However, the biggest challenge is technology
.
With the massive increase in renewable energy, does India have a strong power infrastructure to support its development
.
The Ministry of Electricity also revealed that power infrastructure
should be developed according to local conditions.
For example, Rajasthan and Tamil Nadu, the states with the most abundant natural resources, may today experience inadequate transmission infrastructure, so investment in these areas will need to be increased so that more power capacity can be connected to the grid
.
In addition, areas such as Madhya Pradesh, Maharashtra and Karnataka are also good investment destinations
.
Currently, there are more than Rs 8,000 crore in power projects being implemented in India, which, once completed, will greatly improve the burden on the
entire power sector.
