Intentar ORO - Gratis
States May Get ₹22,400 Cr for Green Energy Corridor-III
Mint Mumbai
|March 19, 2025
The Centre is likely to provide the assistance for developing intra-state transmission systems
The Union government is likely to provide assistance worth about ₹22,400 crore to states for development of intra-state transmission systems under the third phase of the Green Energy Corridor, said two people aware of the development. GEC-III was proposed in the Union budget for FY26. The overall cost for the third phase is estimated around ₹56,000 crore and the Centre would provide 40% of the cost, the two people mentioned above said.
The major states to be covered under the scheme include Gujarat, Rajasthan, Karnataka, Maharashtra and Andhra Pradesh. Most of the projects under the third phase are expected to be in Gujarat, with the state projected to work on transmission projects worth over ₹29,000 crore, followed by Rajasthan with projects worth over ₹19,000 crore.
"The scheme was recently discussed in a recent meeting by the new and renewable energy ministry with stakeholders and the focus is on accelerated development of the transmission network to cater to the targeted 500 GW non-fossil capacity and achieve energy transition," said one of the two people mentioned.
Esta historia es de la edición March 19, 2025 de Mint Mumbai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Mumbai
Mint Mumbai
Rupee rumbles
The Indian rupee on Friday slumped to a record low of about 89.60 to the US dollar, zipping past the 89 mark for the first time.
1 min
November 24, 2025
Mint Mumbai
Claims on dubious pre-IBC deals swell
At ₹4 tn, amount matches entire sum recovered via IBC in 10 yrs
3 mins
November 24, 2025
Mint Mumbai
'Stay invested in the stock market, everything is for the long haul'
Veteran value investor Ramesh Damani is ignoring doomsday warnings about a US tech stock correction and noises surrounding corporate earnings growth trajectory back home, staying loyal instead to his credo of long-term investments, using a bottom -up approach. He remains unconcerned about short term market corrections, advising investors to
6 mins
November 24, 2025
Mint Mumbai
CHINA HAS MINERALS, INDIA HAS ITS PEOPLE
In 1992, Chinese leader Deng Xiaoping reportedly said that if West Asia had oil, China would have rare earths.
4 mins
November 24, 2025
Mint Mumbai
Rupee may decline further as RBI has little elbow space
The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.
3 mins
November 24, 2025
Mint Mumbai
Labour codes could act as an economic catalyst
If enforced as envisioned, the four codes can yield a more secure workforce and strengthen India's economy. Employers should not just comply but also focus on their collective interest
2 mins
November 24, 2025
Mint Mumbai
OYO Assets gets 125 cr fresh funds
OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.
1 min
November 24, 2025
Mint Mumbai
Will realty keep the pre-sale pace?
Listed realty firms are banking on new launches to drive pre-sales in H2FY26.
2 mins
November 24, 2025
Mint Mumbai
How new labour codes impact your gratuity, PF
The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike.
2 mins
November 24, 2025
Mint Mumbai
INDIA’S TERROR THREAT SHIFTS CLOSER HOME
Life, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life. The terror attacks in Mumbai on 26 November 2008, and in Pahalgam and Delhi this year top such chilling incidents.
3 mins
November 24, 2025
Listen
Translate
Change font size

