Govt unveils Rs 1.9 lakh-crore PM DHARA programme to evacuate 135 GW renewable power
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Union Cabinet on September 30 approved the ₹1,86,405 crore PM DHARA programme to evacuate 135 GW of renewable power.
- ✓This scheme will build new transmission lines and add 50 GWh of battery storage by FY2032-33.
- ✓It aims to fix grid bottlenecks and help states manage solar and wind energy variations.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol.com
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The government's Green Energy Corridor Phase-III (GEC-III) programme has been given a new name — PM DHARA (Developing Harmonized and Accelerated Renewable Energy Access) — as the Union Cabinet on September 30 approved a ₹1,86,405 crore scheme to strengthen the transmission network and facilitate evacuation of up to 135 GW of renewable energy across the country.
The programme will also deploy 50 GWh of battery energy storage systems (BESS) and build new power lines to address the growing challenge of renewable-energy variability, transmission congestion and curtailment. The move comes as renewable-rich states such as Rajasthan and Gujarat face evacuation constraints, with renewable generation in some locations coming up faster than associated transmission infrastructure.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Moneycontrol.com
Read the full, original unfiltered story directly on the publisher's portal.