GEC-III Rollout: Power Grid, KEC International, and Tata Power Shares In Focus Amid Centre's Energy Infra Push

According to a government release, the financial outlay for the scheme stands at Rs 1,86,405 crore, scheduled for execution through fiscal year 2033. The capital expenditure is sub-divided into two components. The largest share, amounting to Rs 1,36,378 crore has been allocated to InSTS to facilitate the evacuation of approximately 135 GW of green power, while the second component allocates Rs 50,000 crore exclusively to Battery Energy Storage Systems (BESS), aiming to install 50 GW of utility-scale storage capacity. Additionally, to ease the burden on state transmission utilities and keep consumer power tariffs competitive, the Centre has also committed Rs 54,082 crore in central financial assistance.