India’s Leading RE Developer Plans Transmission Foray
Amidst rising competition and falling tariff bids for solar and wind energy projects, India’s leading renewable energy project developer is looking to foray into the transmission business.
Amidst rising competition and falling tariff bids for solar and wind energy projects, India’s leading renewable energy project developer is looking to foray into the transmission business.
India has shared details of large power transmission projects dedicated for renewable energy projects in the western parts of the country. The transmission projects are part of the Green Energy Corridors program that was envisaged to support the massive renewable energy capacity addition targets announced by the Indian government.
Citigroup had recently announced plans to lend, invest, and facilitate deals worth $100 billion by 2025, to support projects that will fight climate change and protect the environment. While this might seem to be a lofty target, the company had previously set a goal of $50 billion for similar initiatives in 2007, and was able … [continued]