PM DHARA: What is the Rs 1.86 lakh crore GEC-III scheme and why does it matter?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Union Cabinet approved the Rs 1.86 lakh crore PM DHARA scheme to build transmission infrastructure for 135 GW of renewable power.
- ✓Targeted for completion by FY2032-33, the project also includes 50 GWh of battery storage.
- ✓This move helps India manage solar and wind energy flow and improves grid stability.
Story at a Glance
- Category
- BUSINESS
- Reported By
- MoneyControl
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
The Union Cabinet has approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III (GEC-III) or PM DHARA (Developing Harmonized and Accelerated Renewable Energy Access) scheme -- to build transmission infrastructure for evacuating up to 135 GW of renewable power and deploy 50 GWh of battery storage. The scheme is aimed at preparing India's power grid for a sharp increase in renewable energy capacity, particularly solar and wind, whose generation varies depending on sunlight and wind conditions.
Here is what the scheme means and why it matters. Read More: Govt unveils PM DHARA programme to evacuate 135 GW renewable power What has the government approved? The Cabinet has approved a total project outlay of Rs 1,86,405 crore for GEC-III, with the scheme targeted for completion by FY2032-33. Of the total: * Rs 1,36,378 crore will be spent on strengthening intra-state transmission systems.
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
Read the full, original unfiltered story directly on the publisher's portal.