 "Renewable energy transmission projects to get 'national importance' tag")
ReNew Power, expanding across the energy sector supply chain, says it is aiming for double-digit market share in the transmission sector.
ReNew recently started participating in transmission project tenders. The firm hopes to grab around Rs 2 billion worth projects in the segment. Estimates say the central and state governments will give out projects worth $20 billion (Rs 1.4 trillion). Promoted by Goldman Sachs, it started a ‘New Ventures’ division to explore opportunities in energy storage, power transmission, solar and wind-solar hybrid projects.
In August, it had bid for transmission projects worth Rs 1,500 crore but won none.
ReNew recently started participating in transmission project tenders. The firm hopes to grab around Rs 2 billion worth projects in the segment. Estimates say the central and state governments will give out projects worth $20 billion (Rs 1.4 trillion). Promoted by Goldman Sachs, it started a ‘New Ventures’ division to explore opportunities in energy storage, power transmission, solar and wind-solar hybrid projects.
In August, it had bid for transmission projects worth Rs 1,500 crore but won none.
