Green Energy Corridor (GEC) Phase II for Intra State Transmission System | Grid Integration & Power Evacuation of Renewable Energy Projects

Green Energy Corridor Phase II for Intra State Transmission System (InSTS), GEC scheme to facilitate grid integration & power evacuation of renewable energy projects, check details here
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Central government approves Intra-State Transmission System Phase 2 or Green Energy Corridor Phase II on 6 January 2022. GEC scheme is targeted to be set up with total estimated cost of Rs. 12,031 crore. The InSTS GEC scheme will help in achieving the target of 450 GW installed renewable energy capacity by 2030. In this article, we will tell you about the complete details of the Green Energy Corridor Scheme second phase.

About Green Energy Corridor Scheme Phase II

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi, approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometres (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations.

The Green Energy Corridor scheme will facilitate grid integration and power evacuation of approximately 20 GW of Renewable Energy (RE) power projects in seven states. These states includes Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh.

Duration of GEC Intra State Transmission System

The scheme is targeted to be set up with total estimated cost of Rs. 12,031.33 crore and Central Financial Assistance (CFA) @ 33 percent of the project cost i.e. Rs. 3970.34 crore. The transmission systems will be created over a period of five year from Financial Year 2021-22 to 2025-26.

The Central Financial Assistance (CFA) will help in offsetting the Intra-State transmission charges and thus keep the power costs down. Thus, the government support will ultimately benefit the end users i.e the citizens of India. The GEC Intra State Transmission scheme will help in achieving the target of 450 GW installed RE capacity by 2030.

Objective of Intra State Transmission System (InSTS) Scheme

The InSTS scheme will also contribute to long term energy security of the country and promote ecologically sustainable growth by reducing carbon footprint. Green Energy Corridor Phase 2 will generate large direct & indirect employment opportunities for both skilled and unskilled personnel in power and other related sectors.

GEC Phase 1 Already being Implemented

GEC Phase II scheme is in addition to GEC Phase-I which is already under implementation in the states of Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Tamil Nadu for grid integration and power evacuation of approx. 24 GW of RE power and is expected to be completed by 2022.

Central Government Schemes 2022केंद्र सरकारी योजना हिन्दीPopular Schemes in Central:प्रधानमंत्री आवास योजना 2022PM Awas Yojana Gramin (PMAY-G)Pradhan Mantri Awas Yojana

The scheme is for addition of 9700 ckm of transmission lines and 22600 MVA capacity of substations having estimated cost of transmission projects of Rs. 10,141.68 crore with Central Financial Assistance (CFA) of Rs. 4056.67 crore.

Source / Reference Link: https://pib.gov.in/PressReleasePage.aspx?PRID=1788010

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