India unveils whopping $109 billion transmission plan for renewable energy
Transmission constraints have emerged as a key obstacle for the growth of renewable energy the world over, with a spurt in demand causing delayed deliveries and surging prices of grid equipment. Now, India’s power ministry has unveiled a plan to revamp its power grid to accommodate a large renewable expansion through 2032. The project, estimated to cost 9.15 trillion rupees ($109 billion), will help integrate 500 gigawatts of renewable power by the end of the decade, a more than two-fold increase from now.