GENERAL30 Sept 2026
Cabinet clears ₹1.86 trn green energy corridor scheme with battery storage
The Cabinet has cleared a ₹1.86 trillion green energy corridor plan called GEC-III. It will help move 135 GW (gigawatts) of renewable energy between states. It also funds 50 GWh (gigawatt hours) of battery energy storage by 2032-33. For business owners, it means more renewable power moving across states and better grid flexibility. Keep an eye out for tenders.
Key Statutory Highlights
- The Cabinet has cleared the GEC-III green energy corridor scheme, which is worth ₹1.86 trillion.
- GEC-III will enable 135 GW of renewable energy to be carried across states.
- The scheme provides for 50 GWh of battery energy storage systems by 2032-33.
Actionable Advice for Taxpayers / Founders:If you supply equipment, build storage, or work on power projects, keep watching for GEC-III tenders and state updates, and check with your CA or advisor before committing to any large investment.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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