The Economic Times

Power Grid asks cable and wire makers to scale up as transmission capex set to rise

Power Grid anticipates its capital expenditures will exceed 40,000 crore, focusing on transmission infrastructure. This increase is necessary due to growing electricity demand across the country. The company emphasized the importance of cable and wire manufacturers preparing for this demand surge. Additionally, the Green Energy Corridor-III program presents further opportunities for these manufacturers. Efficient transmission planning is crucial as India expands its renewable energy capacity.