The Centre has approved new energy transmission schemes worth Rs 13,595 crore, which facilitate the evacuation of 9 GW of renewable energy from Rajasthan and Karnataka. These schemes, to be implemented via Tariff Based Competitive Bidding (TBCB) mode, are part of the 500 GW renewable energy capacity target set for 2030.
The Centre has approved new Inter State Transmission System (ISTS) schemes to evacuate 9 gigawatts (GW) of renewable energy from Rajasthan and Karnataka. These schemes, to be implemented through tariff-based competitive bidding (TBCB) mode, contribute to India’s target of 500 GW of renewable energy capacity by 2030, with 200 GW already connected.
The Rajasthan Renewable Energy Zone (REZ) power evacuation scheme will transport 4.5 GW of renewable energy from the Fatehgarh (1 GW), Barmer (2.5 GW), and Nagaur (Merta) (1 GW) complexes. This energy will be directed to Mainpuri Region, Fatehpur, and Orai in Uttar Pradesh. The project, costing approximately ₹12,241 crore, is expected to be completed in two years.
In Karnataka, the system strengthening scheme aims to evacuate 4.5 GW of renewable energy from the Koppal and Gadag areas. This scheme, estimated to cost ₹1,354 crore, is slated for completion by June 2027. The government is focusing on enhancing transmission and storage capacities to integrate more renewable energy into the grid and ensure stability.
Earlier this month, Union Power Minister Manohar Lal Khattar, the former Haryana chief minister, held discussions with senior officials about improving storage and transmission capacities. According to a February 2024 report by CareEdge Ratings, India needs around 12 GW of storage capacity, assuming 4 hours of storage per GW for FY24. This requirement is projected to increase to approximately 70 GW by FY30.
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