Cabinet clears Green Energy Corridor Phase-III to evacuate 135 GW of renewable power
30 September 2026
The Union Cabinet approved Green Energy Corridor Phase-III with a total outlay of ₹1,86,405 crore. Of this, ₹1,36,378 crore is for Intra-State Transmission Systems and ₹50,000 crore for 50 GWh of battery energy storage. Central financial assistance is ₹54,082 crore. The scheme will facilitate evacuation of 135 GW of renewable energy and the projects are targeted to be set up by 2032-33.
Total outlay:
₹1,86,405 crore
Intra-State transmission:
₹1,36,378 crore
Battery storage:
₹50,000 crore for 50 GWh
Central financial assistance:
₹54,082 crore
Renewable evacuation:
135 GW
Why it matters for exams: Large power-sector schemes with outlays and capacity targets are common in economy and current affairs papers.
Kerala PSCUPSC