November 22, 2024 17:29 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit
Ministry of Power approves new ISTS projects of Rs 15893 crore
Inter State Transmission System Projects
Image Credit: Pixabay

Ministry of Power approves new ISTS projects of Rs 15893 crore

| @indiablooms | 09 Dec 2021, 01:00 pm

New Delhi/IBNS: Union Minister of Power and Ministry of New and Renewable Energy (MNRE) have approved 23 new Inter State Transmission System Projects (ISTS) with an estimated cost of Rs 15893 crore.

The new ISTS projects comprise 13 projects with an estimated cost of Rs 14766 to be developed under Tariff Based Competitive Bidding (TBCB) and 10 projects with an estimated cost of Rs 1127 crore to be developed under Regulated Tariff Mechanism (RTM).

The new transmission projects would inter-alia facilitate evacuation system for 14 GW of Renewable Projects in Rajasthan, 4.5 GW of RE projects in Gujarat, 1 GW Neemuch Solar Park, Madhya Pradesh and feeding areas near Akhnoor and Jammu region by establishing Siot Substation in Jammu.

These projects were approved after examining the recommendations of the National Committee on Transmission and in accordance with the National Tariff Policy 2016, notified by the Central Government, which provides that ISTS project is developed through TBCB, except for certain category projects, which are strategic, technical-upgradation or time-bound in nature.

The above transmission network expansion would augment seamless transfer of power from power surplus regions to power deficit regions and thus optimizing the use of generation resources as well as meeting the demands of end consumers without any transmission constraints.

It would assist growth of renewable energy based capacity.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.