Budget 2025: Green energy corridor set to enter phase III
Budget 2025: The government may announce the third phase of the Green Energy Corridor project in the upcoming budget, said people familiar with the matter. GEC-III, details of which are being finalised, will seek to facilitate evacuation of renewable power to ensure supply for industries such as green hydrogen and steel. This is part of the government's strategy to further enhance renewable energy capabilities.
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«The plan is under discussion. Besides augmenting capacity, the focus is to be future-ready for green products that may require dedicated green energy lines,» said a senior government official.
Read more: Will Budget 2025 green-light India’s climate finance taxonomy?
The Central Electricity Authority-the planning body for the power sector-is working with states, which have been asked to submit their proposals, to be collated and finalised by the Centre.
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