Green Energy Corridor Phase-III approved at Rs 1,86,405 crore
Why in the news
The Union Cabinet approved Phase-III of the Green Energy Corridor (GEC) on 30 September 2026. Prime Minister Narendra Modi described it as a big push towards India’s goal of 900 GW of non-fossil capacity by 2035.
Key facts
- Total outlay of Rs 1,86,405 crore, with central financial support of Rs 54,082 crore.
- Aim: to evacuate up to 135 GW of renewable energy across states and UTs.
- Intra-state transmission systems (InSTS) get Rs 1,36,378 crore.
- 50 GWh of battery energy storage systems (BESS) are planned at the renewable developer or generator end, at Rs 50,000 crore.
- Target completion: FY 2032-33.
| Component | Amount |
|---|---|
| Total outlay | Rs 1,86,405 crore |
| Central financial support | Rs 54,082 crore |
| Intra-state transmission | Rs 1,36,378 crore |
| Battery storage (50 GWh) | Rs 50,000 crore |
About the scheme
The corridor strengthens state-level transmission so that solar and wind power can be carried to the grid. State Transmission Utilities implement it. New (greenfield) projects use tariff-based competitive bidding, while upgrades of existing lines (brownfield) use a cost-plus basis.
Exam angle
- India’s non-fossil capacity was 300.50 GW, about 54% of 552 GW installed capacity, as of 31 July 2026.
- Solar capacity stood at 164.59 GW on that date.
- Link the scheme to the 900 GW by 2035 non-fossil target.