The monetary policy committee (MPC) of RBI raised the repo rate by 250 basis points (bps) between May 2022 and February 2023. It has since kept the key policy rate unchanged, looking for ‘durable’ signs…
New Delhi: The National Committee on Transmission (NCT), under the ministry of power, has greenlit four new inter-state transmission systems (ISTS) valued at Rs736.83 crore. The projects have been allocated to Power Grid Corporation of…
These include two mega projects – a network expansion scheme in Navinal (Mundra) area of Gujarat and the eastern region expansion scheme, which will cost ₹2,383 crore and ₹2,898 crore, respectively. The NCT has recommended…
New Delhi: There is a critical need for private sector investments in India’s power generation and transmission sector, as the country faces growing power demands and embarks on its energy transition journey. Addressing the CII…