Cabinet Approves ₹1.86 Lakh Crore Green Energy Corridor to Evacuate 135GW Renewable Energy
The scheme will add 50 GWh of battery storage and support evacuation of up to 135 GW of renewable power, officials said.
- On Wednesday, the Union Cabinet chaired by Prime Minister Narendra Modi approved the Green Energy Corridor Phase-III scheme with an outlay of Rs 1.86 lakh crore to build transmission infrastructure for 135 GW of renewable power and deploy 50 GWh of Battery Energy Storage Systems.
- Expanding renewable generation requires shifting focus from capacity creation to transmission, storage, and supply infrastructure. This scheme supports India's transition toward ambitious non-fossil capacity targets by facilitating grid integration and power evacuation within States and Union Territories.
- Greenfield Intra-State Transmission Systems projects will use Tariff Based Competitive Bidding, while brownfield upgrades follow a Cost Plus Basis. The State Transmission Utilities will manage implementation, supported by Rs 54,082 crore in Central Financial Assistance to reduce power costs.
- Deploying Battery Energy Storage Systems at developer ends addresses grid intermittency and peak-hour curtailment across States and Union Territories. This infrastructure will generate direct and indirect employment in power, manufacturing, and construction industries while benefiting end users.
- The scheme is targeted for completion by 2032-33, contributing to India's long-term energy security and ecologically sustainable growth. It will also foster skilled employment in operation, maintenance, and grid management across participating States and Union Territories.
32 Articles
32 Articles
PM Modi Welcomes Cabinet Nod For Wheat MSP Hike, Green Energy Corridor
<p>New Delhi, Sep 30 (PTI) Prime Minister Narendra Modi on Wednesday hailed the Union Cabinet's approval of the Green Energy Corridor Phase-III (GEC-III) scheme and raising of the minimum support price (MSP) of wheat.</p> <p>Modi said the approval of Green Energy Corridor will strengthen power grids across states and UTs besides creating more jobs in manufacturing, construction and energy storage while the raising of wheat MSP will ensure that m…
Cabinet clears Rs 1.86 trillion Green Energy Corridor to boost renewable power
The Union Cabinet has approved Green Energy Corridor Phase-III to expand intra-state transmission and battery storage. The scheme is aimed at moving 135 GW of renewable power while easing intermittency and grid congestion.
PM DHARA programme: Why India needs a ₹1.86 lakh crore smart-grid push for renewables
The Union Cabinet approved the ₹1.86 lakh crore PM-DHARA scheme to strengthen intra-state power transmission and evacuate up to 135 GW of renewable energy. It includes 50 GWh of battery storage, with ₹54,082 crore in central support to reduce transmission costs and power prices.
Cabinet approves ₹1.86 lakh crore Green Energy Corridor to evacuate 135GW renewable energy
Green Energy Corridor initiative will strengthen India’s Intra-State Transmission System to enable evacuation of up to 135 gigawatt (GW) of renewable energy across States/Union Territories
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