Power Ministry approves Inter-state projects worth Rs 15,893 cr

Union power minister, R K Singh, approved 23 new inter-state transmission system projects of worth Rs 15,893 crore.

About inter-state transmission system (ISTS) projects

• Out of 23 ISTS project, 13 projects are having an estimated cost of Rs 14,766 crore. These projects will be developed under Tariff Based Competitive Bidding (TBCB).
• While, 10 projects having an estimated cost of Rs 1,127 crore will developed under Regulated Tariff Mechanism (RTM).
• The new transmission projects will facilitate:

1. Evacuation system for 14 GW of renewable projects in Rajasthan
2. 5 GW of RE projects in Gujarat
3. 1 GW Neemuch Solar Park in Madhya Pradesh and
4. Feeding areas near Akhnoor & Jammu region by setting up a Siot Substation in Jammu.

Who approved the projects?

The new projects were approved after examining the recommendations of National Committee on Transmission. Approval was given in accordance with the National Tariff Policy 2016, which provides that ISTS project is developed through TBCB.