Report
India approves Rs 1.86 lakh crore renewable grid and storage scheme
A PTI report in The Economic Times says GEC-III includes 50 GWh of battery storage and aims to carry 135 GW of renewable power by FY2032-33.
TLDR
PTI reports in The Economic Times that India’s Union Cabinet approved the Rs 1.86 lakh crore GEC-III scheme for intra-state transmission and battery storage. The plan aims to carry 135 GW of renewable energy by FY2032-33. Industry executives quoted in the report say limited transmission capacity has delayed renewable projects and expect the scheme to support growth and grid reliability.
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