Cabinet Clears Rs 1.86 Lakh Crore PM-DHARA Green Energy Scheme
According to an official statement, the Union Cabinet chaired by Prime Minister Narendra Modi has approved the PM-DHARA Scheme.
On September 30, 2026, India's Union Cabinet approved the Green Energy Corridor Phase-III scheme, a ₹1.86 lakh crore initiative to strengthen the country's intra-state transmission system and enable the evacuation of 135GW of renewable energy. This announcement came from the Union Cabinet chaired by Prime Minister Narendra Modi.
The scheme aims to address the country's ambitious target of achieving 500GW of renewable energy capacity by 2030, while also contributing to long-term energy security and reducing carbon footprint. The scheme will involve the development of Intra-State Transmission Systems (InSTS) under GEC-III, with a total project outlay of ₹1,86,405 crore. This includes ₹1,36,378 crore for the development of InSTS and ₹50,000 crore for Battery Energy Storage Systems (BESS).
The Central Financial Support of ₹54,082 crore will help offset intra-state transmission charges, keeping power costs down for end users. The State Transmission Utilities will be the overall implementing agency, while Transmission Service Providers (TSPs) will participate under a Build-Own-Operate-Maintain (BOOM) model.
The Green Energy Corridor Phase-III scheme has the potential to generate large direct and indirect employment in various sectors, including power generation, manufacturing, and construction. Additionally, battery energy storage system manufacturing and deployment will contribute to the growth of the domestic energy storage industry, creating long-term skilled employment in operation, maintenance, and grid management across participating states.
Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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