India has been experiencing an annual economic growth exceeding 8% per annum for the last several years, and the government is working to create an enabling environment for this growth rate to be maintained at this level and accelerated further over the medium term. To expand power supply network is a key infrastructural input to sustain such a growth rate. Power Grid Corporation of India Limited (Powergrid) is the public sector corporation that is responsible for construction, expansion, operations and maintenance of the inter-state and inter-regional power transmission network of India. Over the next 7 years, up to the end of the 12th Plan period, Powergrid proposes to invest about $22 billion to double the size of its network to cater to the demand from additional generation units and strengthen its inter-regional and inter-state transmission capacity.
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|Innovative Financial Instruments for Power Grid||Jun 2012|
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