Tangedco set to tap 15,000 MW green power in two years

CHENNAI: Tamil Nadu discom could look forward to tapping renewable energy to its fullest potential of 15,000 MW (including 2,000 MW that is being installed) two years from now when a dedicated inter-state green power corridor becomes operational. Union power minister Piyush Goyal had recently said in the Lok Sabha that work on the Rs 11,369 crore corridor had started and it was expected to be ready by May 2019.

In the light of many states falling short of meeting their renewable power obligation targets, Tamil Nadu’s surplus renewable power generation could be of high demand in the market.

“The inter-state transmission network scheme is being implemented by the Power Grid Corporation of India Limited (PGCIL). About 30% (Rs 3,410 crore) of the cost will be in the form of equity and 70% will be concessional loan (Rs 5,203 crore from German-based KfW and Rs 2,756 crore from Asian Development Bank),” said Goyal in a reply to Chidambaram MP M Chandrakasi.

As part of the green corridor, the PGCIL will be setting up 6 sub-stations with a total capacity of 18,000MVA. States like Tamil Nadu, Rajasthan, Karnataka, Maharashtra, Gujarat, Himachal Pradesh and Madhya Pradesh either have separate green corridors or are setting up such corridors to evacuate wind and solar power within those states.

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