RENEWABLE ENERGY

Govt grants ISTS waiver extension for solar, wind projects until June 2023

The power ministry has extended waiver of inter-state transmission system (ISTS) charges and losses on supply of power generated from solar and wind sources until 30 June 2023.

It added that no ISTS charges would be levied for 25 years from the date of commissioning of the power plants for the supply and sale to entities having renewable purchase obligations.

According to the ministry Order issued on Wednesday, this would be applicable on power plants using solar and wind sources of energy including solar-wind hybrid power plants with or without storage commissioned till 30 June 2023.

It would also apply to solar photovoltaic projects commissioned under the second phase of the Ministry of New and Renewable Energy’s Central Public Sector Undertaking scheme.

Source
ET Energy World
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