In an interaction, DC Bagde, Managing Director, Transrail Lighting (Transrail) told INFRASTRUCTURE TODAY that the transmission and distribution segment (T&D) is likely to attract an investment of at least USD 50 billion. It's a shot in the arm for the country's T&D network, but it will not be enough.
FlashNews:
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
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JSW Steel plans to invest in a virgin coking coal mine
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GMDC bags 2 coal blocks in Odisha
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RBI grants IREDA the status of Infrastructure Finance Corporation
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MAY 2023: Subansiri Lower hydroelectric project
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Govt successfully bids out 29 coal blocks for commercial mining
Power Grid Corporation board to raise Rs 900 cr via bonds
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A Ray of Hope, Amid the Gloom
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.
IndiaÂ’s first ISTS connected wind power project commissioned
Solar Energy Corporation of India (SECI) conducted IndiaÂ’s first auction of wind power projects in February 2017 of Rs 3.46 tariff in accordance to the governmentÂ’s plan of 175 GW RE within 2022.