Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Apple expands Broadcom chip deal in U.S. manufacturing

    July 9, 2026

    ADB cuts Asia Pacific 2026 growth forecast to 4.9%

    July 9, 2026

    China foreign exchange reserves decline in June

    July 9, 2026
    Facebook X (Twitter) Instagram
    Djibouti LiveDjibouti Live
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Djibouti LiveDjibouti Live
    Home » With a $30 billion power grid upgrade, India to triple clean-power capacity by 2030
    Business

    With a $30 billion power grid upgrade, India to triple clean-power capacity by 2030

    December 9, 2022
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email

    In order to achieve its goal of nearly tripling the country’s clean-power capacity by 2030, the Indian government, under Prime Minister Narendra Modi, has unveiled a Rs 2.44 lakh crore ($29.6 billion) plan to build transmission lines for renewable generation in the country. According to a statement from the Ministry of Power, through the project, solar plants in the sun-drenched deserts of Rajasthan and Gujarat, as well as wind farms in Tamil Nadu, will be connected to the national power grid.

    By the end of the decade, India’s inter-regional transmission capacity will increase from 112 gigawatts to 150 gigawatts. The lack of transmission lines in India has hampered the growth of renewable electricity in the country. It is essential for the nation to address this shortfall as it embarks on its journey towards net zero by 2070. This is so that clean energy can be carried to urban and industrial hubs that are often remote from sources of energy.

    With a total generation capacity of 173 gigawatts, India generates its electricity from non-fossil fuel sources, which includes building transformers and high-voltage lines to transport power over long distances, as well as laying submarine cables for transferring electricity from offshore wind projects. Despite the fact that the power networks sector welcomed the revised plan, it did sound a note of caution with regards to the awarding of contracts. The private transmission companies have been lobbying New Delhi to allocate all projects through competitive bids rather than allowing the state-run Power Grid Corp. of India Ltd. to get some of the projects without any competition.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Apple expands Broadcom chip deal in U.S. manufacturing

    July 9, 2026

    ADB cuts Asia Pacific 2026 growth forecast to 4.9%

    July 9, 2026

    China foreign exchange reserves decline in June

    July 9, 2026

    Africa FDI reaches $70 billion in 2025

    July 8, 2026

    Brent crude rises to $74.16 as oil prices climb

    July 8, 2026

    Developing Asia FDI reaches $644 billion in 2025

    July 8, 2026
    Latest News

    Apple expands Broadcom chip deal in U.S. manufacturing

    July 9, 2026

    ADB cuts Asia Pacific 2026 growth forecast to 4.9%

    July 9, 2026

    China foreign exchange reserves decline in June

    July 9, 2026

    Africa FDI reaches $70 billion in 2025

    July 8, 2026

    Brent crude rises to $74.16 as oil prices climb

    July 8, 2026

    DRC Ebola trial tests therapies as outbreak spreads

    July 8, 2026

    Developing Asia FDI reaches $644 billion in 2025

    July 8, 2026

    Portugal fall to Spain as Ronaldo legacy closes

    July 7, 2026
    © 2026 Djibouti Live | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.