Narendra Modi, on Wednesday approved the project on Green Energy Corridor (GEC) Phase-II — Inter-State Transmission System (ISTS) for 13 gigawatt renewable energy project in Ladakh.
The project is targeted to be set up by financial 2029-30 with a total estimated cost of Rs 20,773.70 crore and central financial assistance at 40 per cent of the project cost — Rs 8,309.48 crore.
Keeping in view the complex terrain, adverse climatic conditions and defence sensitivities of the Ladakh region, Power Grid Corporation of India Limited (POWERGRID) will be the implementing agency for this project.
The transmission line for evacuating this to-be-produced power will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the national grid.
An interconnection is also planned from this project in Leh to the existing Ladakh grid so as to ensure a reliable power supply to Ladakh.
«It will also be connected to the Leh-Alusteng-Srinagar line to provide power to Jammu and Kashmir.
The project will entail setting up of 713 km transmission lines (including 480 km HVDC line) and 5 GW capacity of HVDC terminal each at Pang (Ladakh) and Kaithal (Haryana),» the government said in a release.
The project will contribute to achieving the target of 500 GW of installed electricity capacity target from non-fossil fuels by the year 2030.
Prime Minister Modi, during his Independence Day Speech in 2020, announced the setting up of a 7.5 GW solar Park in Ladakh.
After an extensive field survey, the Ministry of New and Renewable Energy (MNRE) prepared a plan to set up a 13 GW renewable energy generation capacity along with a 12 GWh battery energy storage system in Pang, Ladakh.
Keeping in mind the rising