BusinessCabinet Approves ₹1.86 Trillion Green Energy Corridor Scheme with Battery Storage
The Union Cabinet, led by Prime Minister Narendra Modi, approved the ₹1.86 trillion Green Energy Corridor Phase-III scheme to strengthen intra-state transmission systems for evacuating 135 GW of renewable energy. It includes 50 GWh of battery energy storage to improve grid flexibility, reduce congestion, and meet demand beyond solar hours. The scheme aims for completion by 2032-33 with ₹54,082 crore central financial support to lower power costs.
Business Standard·4h ago


