Cabinet approves Green Energy Corridor Phase III with battery storage

What happened

The Union Cabinet approved the Green Energy Corridor Phase III scheme, Indian Infrastructure reported on 1 October 2026. As reported:

• Total outlay of about Rs 1.86 trillion, including about Rs 1.36 trillion for intra-state transmission and about Rs 500 billion for battery energy storage.
• The scheme aims to support evacuation of up to 135 GW of renewable energy and deploy 50 GWh of battery storage.
• Central financial assistance of about Rs 540.82 billion to offset intra-state transmission charges.
• Greenfield transmission to be built through tariff-based competitive bidding; brownfield upgrades on a cost-plus basis.
• Targeted completion by FY 2032–33.

The report did not list the states covered. Separately, at Windergy India, the Union minister said the Centre would support Tamil Nadu under the scheme.

Why it matters

Transmission inside states is a frequent constraint on new solar and wind capacity, and storage at grid locations can reduce curtailment. For developers, the location and timing of new corridors will shape where land is worth securing. See how developers source and qualify land.