Reportedly, the Government of India will invest approximately Rs 900 billion to establish undersea power transmission lines for exporting electricity to Saudi Arabia and the United Arab Emirates (UAE).
The joint venture agreements have been signed with both countries. The Saudi Arabia link, with a cable length of 1,400 km, is estimated to cost Rs 470 billion, while the UAE link, spanning 1,600 km, will require Rs 430 billion. Each transmission corridor will have the capacity to carry 2 GW of electricity and forms part of India’s broader strategy to enhance electricity exports.