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The Union Cabinet approved the Green Energy Corridor Phase-III (GEC-III) scheme with an outlay of ₹1,86,405 crore.
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- A flagship central infrastructure scheme to expand and modernise state-level transmission grids (InSTS)
- Renewable Energy Evacuation: The scheme will enable evacuation of up to 135 GW of renewable energy across States/UTs.
- Battery Energy Storage: 50 GWh of Battery Energy Storage Systems (BESS) will be deployed to improve grid flexibility.
- Total Outlay:₹1,86,405 crore
- ₹1,36,378 crore – Intra-State Transmission Systems
- ₹50,000 crore – 50 GWh BESS
- Central Financial Support:₹54,082 crore
- This will help reduce intra-state transmission charges, ultimately keeping electricity costs lower.
- Target: The projects are planned for completion by FY 2032-33.
- Non-Fossil Energy Target: GEC-III will support India’s goal of 900 GW installed non-fossil fuel capacity by 2035.
- Nodal Ministry: Ministry of New and Renewable Energy (MNRE)
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Important Facts for Examsmost asked
- Green Energy Corridor (GEC): Transmission network designed to integrate and evacuate electricity generated from renewable energy sources.
- Intra-State Transmission System (InSTS): Transmission network used to transfer electricity within a State.
- BESS: Battery-based system that stores electricity and supplies it when required.
- TBCB: A competitive bidding system where transmission projects are awarded to the bidder offering the required service at the most competitive tariff.
- BOOM: Build-Own-Operate-Maintain model in which a private transmission provider builds, owns, operates and maintains the infrastructure.
- Brownfield Project: Expansion, upgrading or strengthening of an existing infrastructure/network.
- Non-Fossil Capacity: Power capacity based on sources such as solar, wind, hydro and nuclear, rather than fossil fuels.
