Cabinet Approves Rs 1.86 Lakh Crore Green Energy Corridor Phase II
The Union Cabinet has approved the second phase of the Green Energy Corridor project, a major step towards integrating renewable energy into India's national grid.
Source: NDTV India NewsThe Union Cabinet recently approved Phase II of the Inter-State Transmission System for the Green Energy Corridor (GEC) project. This ambitious project has an estimated outlay of Rs 1.86 lakh crore. The Green Energy Corridor Phase II aims to facilitate the grid integration and power evacuation of approximately 20 GW of renewable energy projects. This will happen across seven states: Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu, and Uttar Pradesh. The scheme will include the construction of around 10,750 circuit kilometers of transmission lines and 27,500 MVA transformation capacity of substations. The central financial assistance for the Green Energy Corridor Phase II will be 33% of the project cost, which will help reduce transmission charges and keep electricity costs low for consumers. This initiative is crucial for India to achieve its target of 500 GW of installed non-fossil fuel electricity capacity by 2030.
This approval is vital for exam aspirants as it directly relates to India's renewable energy targets and infrastructure development, a key topic in UPSC GS Paper III (Economy, Infrastructure, Environment) and SSC General Awareness. Understanding the Green Energy Corridor's objectives, funding, and scale is crucial for questions on sustainable development, energy security, and government initiatives in the power sector. It highlights India's commitment to reducing carbon emissions and transitioning to a green economy.
- The Union Cabinet approved Phase II of the Green Energy Corridor (GEC) project.
- The estimated outlay for GEC Phase II is Rs 1.86 lakh crore.
- GEC Phase II aims to integrate and evacuate 20 GW of renewable energy.
- The project covers seven states: Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu, and Uttar Pradesh.
- Central financial assistance will cover 33% of the project cost.
- India targets 500 GW of non-fossil fuel electricity capacity by 2030.
The Green Energy Corridor is an initiative by the Indian government to create dedicated transmission infrastructure for evacuating renewable energy from generation rich areas to load centres. It aims to integrate large-scale renewable energy projects, such as solar and wind farms, into the national grid, ensuring stable and reliable power supply while reducing carbon footprint. The project is implemented in phases.
Power evacuation refers to the process of transmitting electricity generated from a power plant to the main transmission grid and then to consumers. In the context of renewable energy, it involves building transmission lines and substations to carry electricity from solar parks or wind farms, often located in remote areas, to the existing power grid for distribution.
The Inter-State Transmission System is the network of high-voltage transmission lines and substations that connect different states and regions within India. It facilitates the transfer of electricity across state boundaries, ensuring grid stability and optimal utilization of power generation resources nationwide. The Power Grid Corporation of India Limited (POWERGRID) largely manages ISTS.
Exams frequently ask about government initiatives in renewable energy, India's climate targets, and infrastructure projects. Focus on the financial outlay, capacity targets, and the states involved for UPSC and SSC questions.
Remember 'GEC 20-33-7' for Green Energy Corridor Phase II: 20 GW capacity, 33% central aid, 7 states.
Frequently Asked Questions
What is the main objective of the Green Energy Corridor Phase II project?
The main objective of the Green Energy Corridor Phase II project is to facilitate the grid integration and power evacuation of 20 GW of renewable energy projects. This will help India achieve its ambitious target of 500 GW of non-fossil fuel electricity capacity by 2030, promoting sustainable energy development.
Which states are covered under the Green Energy Corridor Phase II?
The Green Energy Corridor Phase II covers seven states in India. These states are Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu, and Uttar Pradesh. These regions have significant potential for renewable energy generation, particularly solar and wind power.
What is the central financial assistance provided for the Green Energy Corridor Phase II?
The central financial assistance provided for the Green Energy Corridor Phase II is 33% of the total project cost. This financial support helps to reduce the overall transmission charges, making renewable energy more affordable and accessible for consumers across the country.