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Science & Tech., Economy
Mahesh

19/10/23 05:56 AM IST

Green Energy Corridor

In News
  • The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister, Shri Narendra Modi,  approved the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh.
About GEC
  • The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs.20,773.70 crore and Central Financial Assistance (CFA) @ 40 percent of the project cost i.e. Rs.8,309.48 crore.
  • Power Grid Corporation of India Limited (POWERGRID) will be the Implementing Agency for this project.
  • State of the art Voltage Source Converter (VSC) based High Voltage Direct Current (HVDC) system and Extra High Voltage Alternating Current (EHVAC) systems will be deployed.
  • The transmission line for evacuating this power will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the National Grid.
  • An interconnection is also planned from this project in Leh to existing Ladakh grid so as to ensure reliable power supply to the Ladakh.
  • It will also be connected to Leh-Alusteng-Srinagar line to provide power to Jammu & Kashmir.
  • The project will entail setting up of 713 km transmission lines (including 480 km HVDC line) and 5 GW capacity of HVDC terminal each at Pang (Ladakh) and Kaithal (Haryana).
  • The project will contribute to achieving the target of 500 GW of installed electricity capacity from non-fossil fuels by year 2030.
  • The project will also help in developing long term energy security of the country and promote ecologically sustainable growth by reducing carbon footprint.
  • It will generate large direct & indirect employment opportunities for both skilled and unskilled personnel in power and other related sectors, especially in Ladakh region.
  • The InSTS GEC-II scheme targets addition of 10,753 circuit km (ckm) of transmission lines and 27546 MVA capacity of substations having estimated project cost of ₹12,031.33 crore and CFA at 33 per cent (₹3,970.34 crore).
Source- PIB

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