The Union Cabinet has given the green light to the Green Energy Corridor project in Ladakh, a substantial move towards tapping the region’s renewable energy potential. Ladakh has exceptional solar and wind energy prospects due to its high altitude and unique geography, and is poised to become a prominent hub for green energy production.
Transmission lines for the energy corridor will pass through the states of Himachal Pradesh and Punjab up to Kaithal, in Haryana state, where it will be integrated with the national grid. The target is to have the project set up by FY2029-30 for INR207 billion (USD2.4 billion), with 40% coming as central government financial assistance.
The project involves a dedicated transmission system connecting Ladakh’s renewable energy sources to the northern grid. The new high-voltage transmission line promises to bolster the efficiency of power distribution while reducing transmission losses.
“The project will contribute to achieving the target of 500GW of installed electricity capacity from non-fossil fuels by year 2030,” said the official announcement.
The Green Energy Corridor project will significantly decrease Ladakh’s reliance on fossil fuels for electricity generation. It will improve power supply in India’s northern states and union territories, offering benefits to industries and households.
The decision is in line with India’s move towards sustainable energy and aligns with its ambitious renewable energy targets and global climate responsibilities.