In conversationFinancing the Grid India Needs

Financing the Grid India Needs

Financial Instruments & MarketsClimate Finance & Investment

Two of our researchers talk through what it actually takes to fund transmission at the pace the energy transition demands, and where the money keeps getting stuck.

photo of truss towers

Generation capacity is being added faster than the network that carries it. This conversation looks at why the financing for transmission behaves so differently from the financing for generation, and what a lender needs to see before committing to a line that will not earn for a decade.

What the conversation covers

  • Why transmission projects struggle to attract the investors that generation attracts easily.
  • How state-level balance sheets shape which lines get built and which stay on paper.
  • The tariff question — who ultimately pays for a network built ahead of the demand it serves.
  • Where blended finance has moved a project that commercial lending alone would not.
We keep treating the grid as plumbing. It is the single largest determinant of how quickly renewable capacity becomes renewable electricity.
Vivek Sen

Listen straight through, or use the player to skip to the section on tariffs if that is the part you came for.

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