The Maharashtra government has sent a proposal demanding Rs 367 crore for green energy corridor for various unconventional power generation schemes. The green energy corridor programme will help in synchronising electricity produced from unconventional sources like the sun and wind with conventional power stations in the grid.
The state Cabinet took the decision last month after which the energy department has prepared the demand draft.
The project will be partly funded by various sources — the Centre, the state government and German bank. “About 40 per cent funds (Rs 146 crore) would be given by National Clean Energy Fund of the Centre, 20 per cent (Rs 73 crore) by the state transmission and 40 per cent (Rs 146 crore) by German Development Bank in the form of loan,” the draft said.
The state has also sought approval from the Centre to get loan from the German bank.
The state has also declared in the draft to accept all the terms and conditions laid by the Centre to get funds from the by National Clean Energy Fund.
The loan amount from the German Bank will be first deposited with the Centre and later transferred to the state.
“We are aiming to generate 14,400 mw of unconventional power in the next five years that include solar, captive and wind.
“The green energy corridor programme will help in strengthening transmission of inter state and intra state networks,” energy minister Chandrashekhar Bavankule said.
The ambitious project will pave way for various innovations in the unconventional energy sector, as the power can be easily transferred. There are ongoing projects to generate solar power and from wind and co-generation.
The energy generated from the projects will be added to the common grid for the state use.
With the help of the funding, Maharashtra will build and strengthen its infrastructure necessary to carry power to the common grid.
