Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Tag: Green Energy Corridors
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Power Grid nod for fund plans of new projects
State-run Power Grid Corporation of India Limited recently said its board has approved six new investment plans worth Rs 5,500 crore. In a meeting held on April 17, the Board of Directors gave investment approvals to two projects involving implementation of two green energy corridors, three communication investment projects