India: Indicating significant growth in the power transmission sector, India’s Central Electricity Authority (CEA) has announced an estimated investment of $38 billion in power transmission by 2022.
The estimate is that India will add 200,000 MVA transformer capacity in substations at 220 kV and above and require additional 100,000 circuit km of transmission lines, reports Business Standard.
Within the investment plan, around $4.4 billion will be allocated to transmission systems below 220 kV.
The funding of around $23.5 billion will come from states and the other $14.5 billion from Power Grid Corporation of India.
Source: Business Standard