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The Cabinet Committee on Economic Affairs presided over by Prime Minister Narendra Modi approved the Green Energy Corridor (GEC) Phase-II - Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh.
By FY 2029–2030, the project is expected to be operational, with a total projected cost of Rs 20,773.70 crore and Central Financial Assistance (CFA) at 40% of the project cost, or Rs 8,309.48 crore.
Power Grid Corporation of India Limited (POWERGRID) will serve as the project's implementing agency, taking into account the region's difficult topography, unfavourable climate, and defense-related sensitivities.
State of the art Voltage Source Converter (VSC) based High Voltage Direct Current (HVDC) system and Extra High Voltage Alternating Current (EHVAC) systems will be deployed.
Company : Power Grid Corporation of IndiaRecent News
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