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Power capacity takes green leap
Mint Mumbai
|December 25, 2024
Spurred by the approaching expiry of a transmission charge exemption, renewable power developers have begun to hasten completion of their projects.
Spurred by the approaching expiry of a transmission charge exemption, renewable power developers have begun to hasten completion of their projects. This has resulted in green power capturing nearly all of the 43% jump in new power capacity added in the April-November period this fiscal, compared to the same period last fiscal.
Latest data from the Central Electricity Authority (CEA) shows that renewable energy projects—solar, wind, small hydro—added 14.9 GW in April-November, nearly double the 7.53 GW green capacity added in the year-ago period.
What pushed developers to commission their projects quickly was the approaching deadline of 30 June 2025 for the waiver of inter-state transmission system (ISTS) charges for renewable energy projects.
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