The project is expected to be completed by the end of the financial year 2029–30, with a total projected cost of Rs 20,773.70 crore and central financial aid at Rs 8,309.48 crore, or 40% of the project cost.Power Grid Corporation of India Limited (POWERGRID) will carry out this project in consideration of the Ladakh regions difficult topography, challenging climate, and defense-sensitive nature.The transmission line used to transport this future energy will run across Punjab and Himachal Pradesh before terminating in Kaithal, Haryana, where it will be connected to the national grid.In order to provide a steady supply of electricity to Ladakh, a link is also proposed from this project in Leh to the current Ladakh grid.#Cabinet approves the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh.The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs.20,773.70 crore.#CabinetDecisions pic.twitter.com/1baiwWkVrt— PIB India (@PIB_India) October 18, 2023The project will contribute to achieving the target of 500 GW of installed electricity capacity target from non-fossil fuels by the year 2030.In 2020, Prime Minister Modi announced plans to build a 7.5 GW solar park in Ladakh during his Independence Day speech.The Ministry of New and Renewable Energy (MNRE) developed a plan to establish a 13 GW renewable energy producing capacity together with a 12 GWh battery energy storage system in Pang, Ladakh, following a comprehensive field assessment.India also wants to cut its GDPs emissions intensity by 45%. India finally pledges to have zero emissions by 2070.A significant amount of Indias energy requirements are imported, therefore developing alternative energy sources is considered as a way to lessen this reliance.
