Power Grid Corp. Of India Ltd. will seek to capture some of the new orders either on its own or through joint ventures.
November 22, 2017
India’s largest transmission utility is shifting its focus to projects within states, where it expects a government plan to provide electricity to all to generate about Rs 1,60,000 crore (USD 25 billion) worth of new orders over the next five years.
Power Grid Corp. Of India Ltd. will seek to capture some of the new orders either on its own or through joint ventures, Executive Director Anil Jain said in an interview Nov. 13 near New Delhi. States are increasing investments in their electricity grids and upgrading old transmission systems as they seek to supply round-the-clock electricity to households and industries as part of Govt.’s plan to supply every household with electricity.
