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The Economic Times
The Economic Times
Business

Cabinet clears Rs 1.86 lakh crore Green Energy Corridor-III to evacuate 135 GW renewable power

New Delhi [India], September 30 (ANI): The Union Cabinet on Wednesday approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme to build transmission infrastructure for evacuation of up to 135 GW of renewable power and deploy 50 GWh of battery storage, as India prepares its grid for a sharp expansion in non-fossil energy capacity.

Union Minister Ashwini Vaishnaw, announcing the decision after the Cabinet meeting, said adequate transmission capacity would be critical as renewable generation rises, with the government seeking to ensure that grid infrastructure comes up ahead of new renewable projects.

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