India Unveils $30 Billion Plan to Upgrade Grid for Clean Power

  • Target is for a third more inter-regional transmission by 2030
  • Industry seeks clarity on how the projects will be awarded
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India unveiled a 2.44 trillion rupee ($29.6 billion) plan to build transmission linesBloomberg Terminal to connect renewable generation, as it aims to nearly triple its clean-power capacity by 2030.

The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network, the power ministry said in a statement. It will help boost India’s inter-regional transmission capacity from 112 gigawatts to 150 gigawatts by the end of the decade.