
In a major step towards energy diplomacy and sustainable exports, India will invest around ₹90,000 crore to establish undersea power transmission lines to Saudi Arabia and the UAE, Power Minister Manohar Lal Khattar announced on Tuesday.
Joint venture agreements have already been signed with both nations. The subsea transmission project with Saudi Arabia will cost ₹47,000 crore and involve a 1,400-kilometre cable, while the project with the UAE will cost ₹43,000 crore with a 1,600-kilometre subsea cable. Both projects will carry 2 Gigawatt electricity each and form a critical part of India’s electricity export strategy.
Khattar shared these updates while highlighting key achievements of the Power Ministry over the past 11 years. He also revealed a pivotal policy shift—India will not commission any new thermal coal-based power plants after 2035. Instead, the government is focusing on large-scale nuclear power generation to supply baseload power to the grid.
Efforts are underway to reduce the nuclear project timeline from the current 13 years to 8–9 years, with a goal of establishing at least one nuclear power plant in every state outside seismic zone 5.
Additionally, India’s green energy movement is gaining traction in the biofuel sector. TruAlt Bioenergy, a key player in this space, is expanding into compressed biogas and aims to become one of India’s largest Bio-CNG producers. The company currently holds a 7% market share in molasses-based ethanol and 3.7% in overall ethanol supply.
India’s ethanol blending has surged to 18.4% in the 2024–25 supply year, with a record 19.7% achieved in February 2025. The government remains optimistic about meeting the 20% blending target by year-end.
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