Govt to implement solar, wind project to supply 500 MW for 2-hour
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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.
Govt to spend Rs 430 bn on green energy corridor
The Union government plans to spend Rs 43,000-crore on ‘green energy corridor’ project to facilitate flow of renewable energy into the national grid. Germany is to assist India in the project with € one billion as soft credit.