Energy minister approves 23 new inter-state transmission tasks value Rs 15,893 cr

Union energy minister R Ok Singh has authorized 23 new inter-state transmission system tasks value Rs 15,893 crore. The brand new inter-state transmission system (ISTS) tasks comprise 13 tasks with an estimated price of Rs 14,766 crore to be developed below Tariff Primarily based Aggressive Bidding (TBCB) and 10 tasks with an estimated price of Rs 1,127 crore to be developed below Regulated Tariff Mechanism (RTM), an influence ministry assertion stated.

It additional stated that the Union Minister of Energy and New and Renewable Power has authorized new 23 ISTS tasks “with an estimated price of Rs 15,893 crore”.

The new transmission tasks would inter-alia facilitate evacuation system for 14 GW of renewable tasks in Rajasthan, 4.5 GW of RE tasks in Gujarat, 1 GW Neemuch Photo voltaic Park, Madhya Pradesh and feeding areas close to Akhnoor and Jammu area by establishing Siot Substation in Jammu.

These tasks had been authorized after analyzing the suggestions of the Nationwide Committee on Transmission and in accordance with the Nationwide Tariff Coverage 2016, notified by the central authorities, which supplies that ISTS undertaking is developed via TBCB, apart from sure class tasks, that are strategic, technical-upgradation or time-bound in nature, it acknowledged.

The above transmission community enlargement would increase seamless switch of energy from energy surplus areas to energy deficit areas and thus optimising the usage of technology assets in addition to assembly the calls for of finish customers with none transmission constraints. It might help progress of renewable power based mostly capability, it acknowledged.

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