New DelhiIndia approved ₹1.86 lakh crore for transmission lines.
It lets states move 135 GW of renewable power, toward a 500 GW target for 2030.
₹50,000 crore buys 50 GWh of battery storage, which holds surplus solar and wind output until generation falls.
Power Grid shares fell 1.4% and NTPC 1.1% Thursday despite the approval.
The scheme is due to be set up by the 2032-33 fiscal year.
How each outlet framed it
drawn from 50+ reports worldwide
- mint
- frames through market reaction — power stocks fell despite Rs1.86 lakh crore expansion plan
Sources: mint