Cabinet approves 13 GW renewable project in Ladakh

The Cabinet Committee on Economic Affairs has given its approval for the second phase of the inter-state transmission system connected Green Energy Corridor project, which involves a 13 GW renewable energy project. The project is situated in Ladakh. The project aims to be established by the fiscal year 2029-30, with a total estimated cost of Rs 207.73 billion. Additionally, it will receive 40 per cent of the project cost as central financial assistance (CFA), equaling Rs 83.09 billion. The Power Grid Corporation of India Limited will take on the role of implementing this project, considering the challenging topography, harsh weather conditions, and security concerns in the Ladakh region. Moreover, there are plans to establish a connection from this project in Leh to the current Ladakh grid to guarantee a reliable energy supply for Ladakh.