Centre Clears ₹1.86 Lakh Crore Green Energy Corridor
Centre approves ₹1.86 lakh crore Green Energy Corridor Phase-III for grid, battery storage; UN welcomes.
LUCKNOW- The Centre has approved the ₹1.86 lakh crore Green Energy Corridor Phase-III scheme, a landmark renewable energy push aimed at strengthening India's power grid and expanding battery storage, ensuring clean electricity reaches homes, farms and factories reliably nationwide.
The scheme will upgrade transmission networks, integrate solar and wind power, and add grid-scale battery storage, helping India cut emissions and reduce curtailment. Experts call the clean energy investment crucial for energy security, new jobs and the country's net-zero ambitions.
The United Nations welcomed the decision as a major step for India's economy and people, praising its climate leadership. The Green Energy Corridor Phase-III, say analysts, could attract private investment and accelerate India's renewable energy transition.
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