The government on Wednesday approved the Green Energy Corridor phase 2-Inter-State Transmission System for a 13 gigawatt (GW) renewable energy project in Ladakh. The project is targeted to set up by FY30 with a total estimated cost of Rs 22,774 crore. Of the total cost, the central financial assistance will be 40% at Rs 8,310 crore.
The project will be implemented by Power Grid Corporation of India Ltd. “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 official statement said.
The project will also be connected to Leh-Alusteng-Srinagar line to provide power to Jammu and Kashmir.
The project will entail setting up of 713 km transmission lines and 5 GW capacity of HVDC (High Voltage Direct Current) terminal each at Pang (Ladakh) and Kaithal (Haryana).
The project will help in achieving India’s target of 500 GW installed capacity from renewables by 2030 and help in developing long-term energy security of the country, the government said.
The project is in addition to Intra-State Transmission System Green Energy Corridor Phase-II (InSTS GEC-II), which is already under implementation in the states of Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh for grid integration and power evacuation of around 20 GW of RE power and is expected to be completed by 2026.
“The InSTS GEC-II scheme targets addition of 10,753 km of transmission lines and 27,546 MVA capacity of substations having estimated project cost of Rs 12,031.33 crore and central financial assistance of Rs 3,970.34 crore.”