Union Govt to roll out 43000-cr Rupees Green Corridor for Renewable Energy

May 27, 2013 17:56 IST

Union Government plans to roll out a 43000-crore rupees green energy corridor project to facilitate the flow of renewable energy into the national grid.

The blueprint for the project has already been submitted to the Power Ministry by Power Grid Corporation of India Ltd (PGCIL). For implementation, the project would be split into intra- and inter-State.

 About Green Energy Corridor

• The green energy corridor is aimed at synchronising electricity produced from renewable sources, such as solar and wind, with conventional power stations in the grid.
• Germany has committed developmental and technical assistance of 1 billion Pounds for the project.

The Government is aimed at strengthening the distribution network across the country making it smart to handle fluctuations after seeing the massive grid failure happening round the nation.

As per the Central Electricity Authority, India has 27541.71 MW of installed renewable capacity excluding hydro power stations. The country has a total installed capacity of 223625.60 MW as on  30 April 2013.

India is already in talks with Germany for making its grid compatible for distributing renewable energy. Germany has smart grids that integrate renewable energy into the national grid.

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Read more Current Affairs on: Union Govt , Green Corridor , Renewable Energy

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