Cabinet approves ₹1.86 lakh crore PM-DHARA green power scheme
In short
The Cabinet approved the PM-DHARA scheme to move 135 GW of green power. The plan is worth ₹1.86 lakh crore, including ₹50,000 crore for 50 GWh of battery storage and ₹54,082 crore in central support.
This matters for power companies, grid builders and battery suppliers. The rollout is aimed for FY33, but the reporting does not say how the money will be spent in detail.
What the reporting says
The Cabinet cleared the PM-DHARA scheme to evacuate 135 GW of green power, according to the headline and publisher summary. The reported package includes ₹50,000 crore for 50 GWh of battery storage and ₹54,082 crore in central financial support, with completion targeted by FY33. The immediate consequence is a major public investment push for transmission and storage, but the exact rollout details and implementation risks are not stated.
Why it matters
The Cabinet approved the PM-DHARA scheme to evacuate 135 GW of green power, with the package valued at ₹1.86 lakh crore. The publisher summary says the scheme includes ₹50,000 crore for 50 GWh of battery storage and ₹54,082 crore in central financial support, with completion targeted by FY33. This is a material policy and infrastructure boost for the power sector, but the reporting does not specify project-by-project execution details.