Which among the following will serve as the Implementing Agency for the Green Energy Corridor (GEC) Phase-II - Inter-State Transmission System (ISTS) project for the 13 GW Renewable Energy Project in Ladakh? 

Solution

The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister, Narendra Modi, approved the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh. The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs.20,773.70 crore and Central Financial Assistance (CFA) @ 40 percent of the project cost i.e. Rs.8,309.48 crore.  Power Grid Corporation of India Limited (POWERGRID) will be the Implementing Agency for this project. The transmission line for evacuating this power will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the National Grid. 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 project will contribute to achieving the target of 500 GW of installed electricity capacity from non-fossil fuels by year 2030.