HomeNewsBusinessGovt approves Rs 20,774 crore for Ladakh-Kaithal power transmission line

Govt approves Rs 20,774 crore for Ladakh-Kaithal power transmission line

After extensive field survey, the Ministry of New and Renewable Energy (MNRE) prepared a plan to set up 13 GW renewable energy generation capacity along with 12 GWh Battery Energy Storage System (BESS) in Pang, Ladakh

October 18, 2023 / 17:31 IST
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Prime Minister Narendra Modi, during his Independence Day Speech, had announced setting up of a 7.5 GW solar park in Ladakh.
Prime Minister Narendra Modi, during his Independence Day Speech, had announced setting up of a 7.5 GW solar park in Ladakh.

The government on Wednesday approved setting up of a Rs 20,773.70 crore-transmission line for evacuation of solar power from a 13 GW renewable energy project in Ladakh to Kaithal in Haryana.

Prime Minister Narendra Modi, during his Independence Day Speech, had announced setting up of a 7.5 GW solar park in Ladakh. After extensive field survey, the Ministry of New and Renewable Energy (MNRE) prepared a plan to set up 13 GW renewable energy generation capacity along with 12 GWh Battery Energy Storage System (BESS) in Pang, Ladakh, an official release said.

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For evacuating the huge quantum of power, it will be necessary to create an inter-state transmission infrastructure. Information & Broadcasting Minister Anurag Thakur said the Cabinet Committee on Economic Affairs (CCEA) has approved the project on Green Energy Corridor (GEC) Phase-II Inter-State Transmission System (ISTS) for the 13 GW renewable energy project in Ladakh.

The project is targeted to be set up by financial year 2029-30 with a total estimated cost of Rs 20,773.70 crore and 40 per cent central financial assistance estimated at Rs 8,309.48 crore. The project is expected to be awarded by March 2025, sources said.