Maharashtra State Electricity Transmission Company Limited (MSETCL) has planned to invest Rs 1.5 trillion capex to develop new transmission lines and modernise the state grid over the next five to seven years.
Around Rs 250–300 billion are expected to be on the ground in the next six months while near-term investment is estimated at Rs 100 billion supported by about Rs 70 billion already on the company’s books and an additional Rs 30 billion expected by the end of 2025-26.
MSETCL plans to upgrade network with over 40 per cent of transmission lines being around 35 years old alongside upcoming projects under tariff based competitive bidding.