CCEA Approves 13 GW Green Energy Corridor Project Worth ₹20,000 Crore In Ladakh

CCEA Approves 13 GW Green Energy Corridor Project Worth ₹20,000 Crore In Ladakh

• The Cabinet Committee on Economic Affairs (CCEA) has given the green light to the Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for a massive 13-gigawatt (GW) Renewable Energy (RE) project in Ladakh. This ambitious project is poised to reshape the renewable energy landscape in India.
• The project’s primary objective is to establish a colossal 13 GW renewable energy project in Ladakh, a region known for its complex terrain, harsh climatic conditions, and defense sensitivities. The Ministry of New & Renewable Energy (MNRE) revealed that the project has an estimated total cost of ₹20,773.70 crore. Central Financial Assistance (CFA) will cover 40 percent of the project cost, amounting to ₹8,309.48 crore.

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Published date : 20 Oct 2023 04:53PM