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Rs 43,000-cr Green Corridor project for renewable energy

Rs 43,000-cr Green Corridor project for renewable energy
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To flow renewable energy into the national grid the Union Government plans to roll out a Rs 43,000 crore green energy corridor project. The blueprint for the project has already been submitted to the Power Ministry by Power Grid Corporation of India (PGCIL). For implementation, the project would be split into intra-state and inter-state projects. The green energy corridor is aimed at synchronising electricity produced from renewable sources, such as solar and wind, with conventional power stations in the grid. Germany has committed developmental and technical assistance of one billion Pounds for the project.

The government is aimed at strengthening the distribution network across the country making it smart to handle fluctuations after seeing the massive grid failure happening round the nation.

As per the Central Electricity Authority, India has 27,541.71 MW of installed renewable capacity excluding hydro power stations.

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