Renewable Energy Boom Drives Up India's Power Transmission Costs
India’s renewable energy boom is leading to soaring transmission costs as the country’s transmission network is being built on estimates of potential renewable power generation not on actual capacity or demand, according to a top electricity market executive. This approach to transmission leads to surging transmission charges that state power utilities have to pay, Ghanshyam Prasad, chair at the Central Electricity Authority (CEA), said at an energy event on Friday. The authority will now look to revise transmission…