The Ministry of New and Renewable Energy (MNRE) has launched the India–UK offshore wind taskforce, describing it as a working mechanism under Vision 2035 and the Fourth Energy Dialogue to provide strategic leadership and coordination for India’s offshore wind ecosystem.
The taskforce will focus on three cooperation pillars covering ecosystem planning and market design, including seabed leasing and revenue certainty mechanisms, infrastructure and supply chains, including port modernisation, local manufacturing and specialised vessels, and financing and risk mitigation through blended finance and mobilisation of long-term institutional capital.
MSETCL plans Rs 1.5 trillion capex to expand and modernise Maharashtra transmission network
Maharashtra State Electricity Transmission Company Limited (MSETCL) has planned to invest Rs 1.5 trillion capex to develop new transmission lines and modernise the state grid over the next five to seven years.
Around Rs 250–300 billion are expected to be on the ground in the next six months while near-term investment is estimated at Rs 100 billion supported by about Rs 70 billion already on the company’s books and an additional Rs 30 billion expected by the end of 2025-26.
MSETCL plans to upgrade network with over 40 per cent of transmission lines being around 35 years old alongside upcoming projects under tariff based competitive bidding.