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Govt looking at Rs.3.3 lakh cr investments in transmission

Govt looking at Rs.3.3 lakh cr investments in transmission

The government is looking at an investment of around $50 billion (around Rs 3.3 lakh crore) in the transmission segment in the next five years. Piyush Goyal, Union Power Minister, said, ´In the next six months, at least 12-13 transmission lines are being bid out worth $16 billion. Hopefully, in the next five years, we are looking at an investment of nearly $50 billion.