13-02-2025
India's Karnataka Seeks $4 Billion Private Funds to Expand Grid
The southern Indian state of Karnataka, home to the country's technology hub Bengaluru, is seeking 350 billion rupees ($4 billion) in private investments to expand its grid network, according to a government official.
The funds, needed over five years, would be part of a total 600 billion rupees needed for the intra-state grid, Pankaj Kumar Pandey, managing director of Karnataka Power Transmission Corp., said in an interview on Thursday.
