India’s specialised renewable energy transmission project secures $500 million

A $500 million agreement has been reached for dedicated transmission lines for renewable energy projects in India.

India’s state-owned power transmission infrastructure developer, Power Grid Corporation of India (PGCIL), announced last month that it secured $500 million of debt funding from the Asian Development Bank fund the project.

The transmission lines will run from Rajasthan on the western side of the country through to neighbouring Punjab and Haryana.

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