India’s Global Grid Plans Gain Traction Among Foreign Firms
French government-owned power utility Électricité de France SA (EDF) and consulting firms McKinsey & Co., Boston Consulting Group (BCG), Kearney, Deloitte and PricewaterhouseCoopers (PwC) are among entities that have shown interest in creating the roadmap for a global solar grid planned by India
French government-owned power utility Électricité de France SA (EDF) and consulting firms McKinsey & Co., Boston Consulting Group (BCG), Kearney, Deloitte and PricewaterhouseCoopers (PwC) are among entities that have shown interest in creating the roadmap for a global solar grid planned by India.
These companies plan to participate in a request for proposal (RFP) called by India’s ministry of new and renewable energy (MNRE) for consultants, the two people said on condition of anonymity. The chosen consultant will help develop a long-term roadmap, including a technical and financial proposal, for the ‘One Sun One World One Grid’ (OSOWOG) to transfer solar power across borders. The World Bank is providing technical assistance for the ambitious task.
The tender is under procurement and a winning bidder will be announced once the tender process is concluded. Prefeasibility analysis of the OSOWOG concept will then commence.
India’s global grid plans have gained traction against the backdrop of China’s attempt to co-opt countries into its ‘One Belt One Road’ initiative that seeks to invest billions of dollars in infrastructure projects across Asia, Africa and Europe.