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The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi, on 18 October 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.
Keeping in view the complex terrain, adverse climatic conditions and defence sensitivities of Ladakh region, Power Grid Corporation of India Limited (POWERGRID) will be the Implementing Agency for this project. State of the art Voltage Source Converter (VSC) based High Voltage Direct Current (HVDC) system and Extra High Voltage Alternating Current (EHVAC) systems will be deployed.
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. An interconnection is also planned from this project in Leh to existing Ladakh grid so as to ensure reliable power supply to the Ladakh. It will also be connected to Leh-Alusteng-Srinagar line to provide power to Jammu & 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 project will contribute to achieving the target of 500 GW of installed electricity capacity from non-fossil fuels by year 2030. The project will also help in developing long term energy security of the country and promote ecologically sustainable growth by reducing carbon footprint. It will generate large direct & indirect employment opportunities for both skilled and unskilled personnel in power and other related sectors, especially in Ladakh region.