Which of the statements related to the quot Green Energy Corridors quot in India is are correct 1 Re...........

Environment and Ecology Environment- Institutional Structure

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Which of the statements related to the "Green Energy Corridors" in India is/are correct?

1. Renewable energy from states will be evacuated directly to the national grid.

2. The project will be completely executed by the Power Grid Corporation of India.

Select the correct code given below.

1 Only

2 Only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Government of India and KFW (Federal Republic of Germany) signed a two loan agreements worth Euro 125 Millions for financing two projects under the Green Energy Projects (GEC) programme- Himachal Pradesh (Euro 57 million) and Andhra Pradesh (Euro 68 million) in october 2015.A Green Energy Corridor project for evacuation of renewable energy from generation points to the load centres by creating intra-state and inter-state transmission infrastructure is under implementation in renewable resource rich states for the likely renewable power period, i.e., by March 2017. The intra-state transmission component of the project is being implemented by the respective states and the Power Grid Corporation of India (PGCIL) is implementing inter-state transmission component.With the Green Energy Corridors, the intra-State network will feed the renewable energy to the respective State grids and the high capacity transmission corridors and inter-State network will connect major renewable energy pockets with the national grid.