Cabinet approves green energy corridor phase two

Union minister Anurag Thakur has said that the Cabinet on Thursday approved phase 2 of the green energy corridor under an intra-state transmission system to facilitate grid integration and power evacuation of approximately 20 gigawatts of renewable energy projects in 7 states. The scheme is expected to help achieve the target of 450 GW installed renewable energy capacity by 2030 and contribute to the long term energy security of the country. In a media briefing in New Delhi, Thakur said that this scheme will add approximately 10,750 circuit kilometres of transmission lines and approx. 27,500 Mega Volt-Amperes transformation capacity of substations.

The central will provide 33% financial assistance of project cost, the total estimated cost of phase 2 of the project is Rs 12,031 crore. Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajashthan, Tamil Nadu and Uttar Pradesh will be covered under this phase. Thakur also informed about the approval of a memorandum of understanding which will be signed between India and Nepal to construct a bridge over River Mahakali. The minister stressed that the bridge will help the people living in Uttarakhand’s Dharchula and in the area under Nepal territory.