Transmission firms eye Rs 20K-cr gain from solar boost

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March 6 — The government’s decision last month to double solar park capacity to 40,000 megawatt (MW) in three years has opened up a new business opportunity worth up to Rs 20,000 crore for transmission companies.

Adding new 50 ultra-mega solar parks to the 34 under construction in 21 states, as decided by the Cabinet on February 22, will need to significantly widen the green energy corridor – the transmission network for the solar parks – an official at Solar Energy Corp of India, a state owned company in charge of implementing various solar power projects, said.

The ongoing Rs 13,000-crore green energy corridor-II project connecting the 34 parks under construction and new transmission projects will be identified keeping in mind.

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