Govt approves ISTS schemes to evacuate 9 GW RE from Rajasthan & Karnataka PSU Watch
News Updates

Govt approves ISTS schemes to evacuate 9 GW RE from Rajasthan & Karnataka

PSU Watch Bureau

New Delhi: The government has approved new Inter-State Transmission System (ISTS) schemes to evacuate 9 GW of Renewable Energy (RE) from Rajasthan and Karnataka, said the Ministry of Power on Saturday. “These schemes will be implemented through Tariff-Based Competitive Bidding (TBCB) mode. These schemes are part of (putting in place) 500 GW RE capacity by 2030, out of which 200 GW is already connected,” said the Power Ministry.

PSU Watch is now on Whatsapp Channels. Click here to join

ISTS networks to evacuate 4.5 GW of RE from each state

The power evacuation scheme of Rajasthan Renewable Energy Zone (REZ) will evacuate 4.5 GW of RE power from Rajasthan. It comprises 1 GW from Fatehgarh complex, 2.5 GW from Barmer Complex and 1 GW from Nagaur (Merta) Complex. This power will be transferred to Mainpuri Region, Fatehpur and Orai of Uttar Pradesh. The completion period of the scheme is two years. The cost of the scheme is about Rs 12,241 crore.

The system strengthening scheme of Karnataka will evacuate 4.5 GW RE power from Koppal area and Gadag area. The scheme will be completed by June 2027. The cost of the scheme is about Rs 1,354 crore.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

RE-Invest: India’s RE sector to see investments of USD 386 bn by 2030 for 500 GW target

Rate cut to be based on long-term inflation trajectory: RBI Governor

NHPC targets 16,700 MW RE capacity by 2030

RE-Invest: MNRE honours IREDA for RE financing

ONGC arrests minor oil leak