How do you evaluate the growth potential of India’s transmission sector? What are the underlying challenges?
Considering the capacity addition from the government’s power for all mission and the 175 Gw renewable integration target, India currently needs about US$ 50 billion to US$80 billion investment in the transmission sector for the next five years alone. There has never been a better time to be in the transmission business in India. However, the biggest challenge is going to be the technology; how do we build these assets in half the time than they are traditionally being built. This is exactly what Sterlite power is focussed on.
With huge capacity addition in renewable energy, does the country have a robust state level transmission infrastructure in place?
I don’t think all the states have the requisite transmission. For instance, Rajasthan and Tamil Nadu which are the most natural resource enriched states probably will see a shortage of transmission this year. I think other states like Madhya Pradesh, Maharashtra, and Karnataka are in a relatively better position. Today, there are more than Rs 80,000 crore projects under implementation and once these will start coming it will reduce the load on the overall sector. Read More
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