New Delhi [India], The power ministry on Saturday said the central government has approved two new Inter State Transmission System (ISTS) initiatives with an investment of Rs 13,595 crore to offload 9 GW of renewable energy from Rajasthan and Karnataka.
These programs are a part of India's ambitious target to install 200 GW of linked renewable energy out of 500 GW of total renewable energy capacity by 2030.
The first project involves an investment of approximately Rs 12,241 crore and is focused on the Rajasthan Renewable Energy Zone (REZ). With 1 GW from Fatehgarh Complex, 2.5 GW from Barmer Complex and 1 GW from Nagaur (Merta) Complex, the project seeks to extract 4.5 GW of renewable energy.
The energy will be sent to Fatehpur, Orai and Mainpuri areas of Uttar Pradesh. The power ministry said in a release that it is estimated that the project will be completed in two years.
The second project proposed in Karnataka will extract 4.5 GW of RE power from the Koppal region and Gadag region. Targeted to be completed by June 2027, it will cost Rs 1,354 crore.
With an outlay of Rs 1,354 crore, the second program will strengthen Karnataka's transmission network to offload 4.5 GW of renewable energy from the Koppal and Gadag regions. The project is targeted to be completed by June 2027.
Both the schemes will be implemented, through Tariff Based Competitive Bidding (TBCB) mode.
These programs are a part of India's ambitious target to install 200 GW of linked renewable energy out of 500 GW of total renewable energy capacity by 2030.
The first project involves an investment of approximately Rs 12,241 crore and is focused on the Rajasthan Renewable Energy Zone (REZ). With 1 GW from Fatehgarh Complex, 2.5 GW from Barmer Complex and 1 GW from Nagaur (Merta) Complex, the project seeks to extract 4.5 GW of renewable energy.
The energy will be sent to Fatehpur, Orai and Mainpuri areas of Uttar Pradesh. The power ministry said in a release that it is estimated that the project will be completed in two years.
The second project proposed in Karnataka will extract 4.5 GW of RE power from the Koppal region and Gadag region. Targeted to be completed by June 2027, it will cost Rs 1,354 crore.
With an outlay of Rs 1,354 crore, the second program will strengthen Karnataka's transmission network to offload 4.5 GW of renewable energy from the Koppal and Gadag regions. The project is targeted to be completed by June 2027.
Both the schemes will be implemented, through Tariff Based Competitive Bidding (TBCB) mode.
