The Union Cabinet on Wednesday approved Rs 20,773.7 crore to set up a transmission line for evacuating power from for 13 GW renewable energy project in Ladakh.

Prime Minister Narendra Modi in his Independence Day speech announced setting up a 7.5 GW Solar Park in Ladakh.

After an extensive field survey, the Ministry of New and Renewable Energy (MNRE) prepared a plan to set up a 13 GW Renewable Energy (RE) generation capacity along with a 12 GWh Battery Energy Storage System (BESS) in Pang, Ladakh.

The transmission line for evacuating this power will pass through Himachal Pradesh, Punjab and Kaithal in Haryana, where it will be integrated with the National Grid. The project is targeted to be set up by the financial year 2029-30. Centre is contributing 40% in this project. (Rs 8,309.48 crore).