July 25, 2012
Power Grid Corporation has a Rs. 42,000-crore plan for setting up an exclusive countrywide green corridor for renewable energy transmission. This would be done over a period of five years. The investment was for transmission of 40 GW of renewable energy capacity by 2030.
About Rs. 20,000 crore would be for intra-state strengthening and Rs. 22,000 crore for inter-state transmission systems for grid integration. This would also include other work such as energy storage, real time monitoring system and setting up of renewable energy management centre.