Govt approves Green Energy Corridor Phase-II with ₹12,000-crore outlay

Daily Current Affairs / Govt approves Green Energy Corridor Phase-II with ₹12,000-crore outlay

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Category : National Published on: January 08 2022

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The Government approved the second phase of the Green Energy Corridor with an outlay of ₹12,031 crore to facilitate grid integration and power evacuation of about 20 GW of renewable energy projects in seven states.
The scheme will facilitate grid integration and power evacuation of about 20 GW of renewable energy (RE) projects in seven states — Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu, and Uttar Pradesh.
The scheme will help in achieving the target of 450 GW installed RE capacity by 2030.
This scheme is in addition to GEC Phase-I which is already under implementation in Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Tamil Nadu for grid integration and power evacuation of about 24 GW of RE.