India’s grid transmission infrastructure needs further modernisation, urgently
With the government successfully electrifying 99% of all houses in India under the Saubhagya scheme, there is an urgent need for a hefty investment in grid transmission infrastructure to keep pace with growing low-cost renewable capacity so that new households can actually afford to buy electricity. A new IEEFA briefing note, “India’s Grid Transmission Infrastructure Needs Further Modernisation, Urgently,” finds investment of US$60-80bn over the next five years is required to address the continued structural growth in demand coupled with operational limitations of India’s national transmission grid.
