Denemek ALTIN - Özgür

Green energy corridor phase-I makes major headway

Financial Express Lucknow

|

July 03, 2025

Second phase to be completed by 2027

- ARUNIMA BHARADWAJ

OF THE PLANNED 24 gigawatt (GW) of transmission capacity to aid evacuation of green power from renewable energy zones across the country under the Green Energy Corridor (GEC) initiative, 20 GW capacity has been commissioned so far.

The first phase of GEC is expected to be completed very shortly, official sources, who did not wish to be identified, told FE.

"We have almost completed Phase-I of the Green Energy Corridor. Of the 24 GW, 20 GW is already commissioned and the remaining is left owing to certain last mile issues such as RoW (Right of Way) etc.

"Out of the 8 states, 4 states have completed 100% work, another four have also completed approximately 90-94% of the work. Phase 1 will be completed very shortly," the official further said.

The Green Energy Corridor project started off in 2015. It comprised Inter State Transmission System (ISTS) and Intra State Transmission System (InSTS). The project also involved the setting up of Renewable Energy Management Centre (REMC) and certain control infrastructures like, reactive compensation, storage systems, etc.

Central Financial Assistance (CFA) is provided to set up transmission infrastructure for evacuation of power from renewable energy projects.

Financial Express Lucknow'den DAHA FAZLA HİKAYE

Financial Express Lucknow

TN stampede: CBI quizzes TVK chief Vijay for 6 hours

ACTOR-POLITICIAN TO BE CALLED AGAIN BY PROBE AGENCY

time to read

1 mins

January 13, 2026

Financial Express Lucknow

Gold and silver storm to records

GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.

time to read

1 min

January 13, 2026

Financial Express Lucknow

UK investigates X over Grok deepfake concerns

UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.

time to read

1 min

January 13, 2026

Financial Express Lucknow

Germany pledges €1.24-bn boost for green partnership

INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.

time to read

1 min

January 13, 2026

Financial Express Lucknow

Balance sheets don't fully reflect bank risks: Deputy guv

BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.

time to read

1 min

January 13, 2026

Financial Express Lucknow

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

time to read

1 min

January 13, 2026

Financial Express Lucknow

Retail inflation rises to 1.33% in December

INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.

time to read

1 min

January 13, 2026

Financial Express Lucknow

Anup Saha joins Kotak Bank as whole time director

KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.

time to read

1 min

January 13, 2026

Financial Express Lucknow

BSE, IFCI stocks surge on NSE IPO expectations

STOCK PRICES OF the BSE and IFCI surged on Monday on hopes of the listing of the National Stock Exchange (NSE), which is the highest-valued company in the India unlisted space.

time to read

1 mins

January 13, 2026

Financial Express Lucknow

Battery plant plans back on track: RIL

RELIANCE INDUSTRIES ON Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines.

time to read

1 min

January 13, 2026

Listen

Translate

Share

-
+

Change font size