Login | Join Member | Subscription | Corporate Partnership

India to invest $1.61 billion in grid integration in efforts to reach net zero

EN
Add to Favorites

India’s cabinet approved the second phase of the Green Energy Corridor, with a budget of Rs 12,031 crore, to help grid integration and power evacuation for around 20 GW of renewable energy projects across seven states.

According to an official statement, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometers (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations.

The second phase would be executed between the fiscal years 2021-22 and 2025-26, according to Union Minister Anurag Thakur, who announced the decision.

Don't fall behind the market
Carbon prices, CBAM rules and energy policy shift weekly. Subscribe to unlock this article and all of RECCESSARY's market intelligence.
MONTHLY
US$9.90 /mo
Full flexibility — cancel anytime
Subscribe monthly
BEST VALUE · SAVE US$19.80
ANNUAL
US$8.25 /mo US$9.90
US$99 billed annually · 2 months free
Start your 14-day free trial
Unlimited article access Green power & carbon price data Members-only newsletter Report downloads
New readers enjoy a 14-day free trial · Already a member?
2021 rated the fifth hottest year on record as emissions soar
UK firms facing 10% higher carbon price than EU rivals post Brexit
Back

More Related News

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.