‘High-voltage direct current lines supply chain needs sops’
New Delhi: India’s plan to set up high-voltage direct current (HVDC) transmission lines faces supply chain constraints and will require capital incentives to develop a supportive ecosystem, said Pratik Agarwal, chairman of Resonia and MD of Sterlite Electric.”This is essential given the country’s significant demand for clean energy.”
An incentivisation package can be created in 3-4 years, consisting of capital subsidy-any kind of capital investment promotion scheme-to ensure investment to create HVDC systems, he told ET.
