{"id":300264,"date":"2019-11-11T10:18:25","date_gmt":"2019-11-11T04:48:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300264"},"modified":"2019-11-11T10:59:52","modified_gmt":"2019-11-11T05:29:52","slug":"renew-power-targets-2-bn-transmission-projects-double-digit-market-share","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-power-targets-2-bn-transmission-projects-double-digit-market-share\/","title":{"rendered":"ReNew Power targets $2-bn transmission projects, double-digit market share"},"content":{"rendered":"<p>ReNew Power, expanding across the energy sector supply chain, says it is aiming for double-digit market share in the transmission sector. <\/p>\n<p>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 \u2018New Ventures\u2019 division to explore opportunities in energy storage, power transmission, solar and wind-solar hybrid projects. <\/p>\n<p>In August, it had bid for transmission projects worth Rs 1,500 crore but won none. Company executives say getting into transmission was a natural progression \u2014 with their extensive network of generation projects, it is cost-effective to build own transmission.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u2018New Ventures\u2019 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. Company executives [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-300264","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=300264"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300264\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}