Cabinet approves ₹1,86,405 crore Green Energy Corridor Phase-III with battery energy storage

30 September 2026

The Union Cabinet chaired by Prime Minister Narendra Modi approved the Green Energy Corridor Phase-III scheme for development of the intra-state transmission system with Battery Energy Storage Systems on 30 September 2026.
Total project cost is ₹1,86,405 crore: ₹1,36,378 crore for intra-state transmission systems and ₹50,000 crore for battery energy storage systems.
Central financial support is ₹54,082 crore.
The scheme targets evacuation of 135 GW of renewable energy and deployment of 50 GWh of battery storage by FY 2032-33.
Greenfield projects use Tariff Based Competitive Bidding and brownfield work uses Cost Plus Basis.
State Transmission Utilities implement it, with Transmission Service Providers taking part under the Build-Own-Operate-Maintain model.
It supports the target of 900 GW installed non-fossil capacity by 2035.