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India eyes $107-bn pvt capital to widen grid

January 07, 2025

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Mint Bangalore

India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

- Bloomberg

States should monetize their transmission assets by transferring ownership to businesses for a period of time, and reinvest the proceeds into new projects, according to a report by the federal government's Central Electricity Authority.

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