New Delhi:The Union Cabinet on Wednesday approved a Rs 1.86 lakh crore PM-DHARA Scheme to set up an intra-state transmission system with 50GWh battery storage to evacuate 135 GW of renewable energy. The PM-DHARA stands for PM-Developing Harmonized and Accelerated Renewable-energy Access. This is significant in view of India’s ambitious target of 500 GW of renewable energy capacity by 2030. Meanwhile, Prime Minister Narendra Modi on Wednesday hailed the Union Cabinet’s approval of the Green Energy Corridor Phase-III (GEC-III) scheme and raising of the MSP of wheat. Modi said the approval of Green Energy Corridor will strengthen power grids across states and UTs besides creating more jobs in manufacturing, construction and energy storage.

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