Power Grid Corp. of India wins renewable power integration contracts

The Indian government has awarded a contract to state-owned public transmission utility Powergrid Corp. of India for the adaptation of the national power grid to renewable energy output, according to reports.

India plans to invest $7.74 billion in the green energy corridor, which aims to synchronize the electricity produced from renewable power sources with conventional power stations.

India plans to make its power grid more dynamic to cope with the difficulties in integrating renewable energy generation, due to the varying voltage and supply, according to reports.

India is expected to take a $1.29 billion soft loan with interest rate of as much as 3 percent from Germany to finance the project.

India’s installed renewable energy capacity currently stands at 27,542 MW, excluding hydropower plants.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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