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Construction : Power Update | January 2016 | Source : CW-India

ADB to lend $1 bn to Power Grid Corp

Asian Development Bank will provide $1 bn loan to Power Grid Corp for renewable energy transmission and grid expansion in India.The funds will be used to build and upgrade high voltage transmission lines and substations in Rajasthan and Punjab, as a part of the Indian government-Æs Green Energy Corridor initiative. The project will also include new high-voltage direct current terminals in Chhattisgarh, Tamil Nadu, and Kerala states, boosting interconnectivity between the regions.

Contact: Power Grid Corp  Website: www.powergridindia.com
Tel: 0124-257 1700
Website: www.powergridindia.com
 
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