CERC plans to ease norms for renewable energy projects to get ISTS connectivity
The Central Electricity Regulatory Commission (CERC) has eased the requirements for renewable energy projects to get connectivity to the Inter-State Transmission System (ISTS), according to new draft procedures released on this matter.
According to the new Detailed Procedure for “Grant of Connectivity to Projects Based on Renewable Sources to Inter-State Transmission System”, an entity issued the Letter of Award by, or in a Power Purchase Agreement (PPA) with, a Renewable Energy Implementing Agency or distribution licensee consequent to tariff based competitive bidding will be eligible for Stage-II connectivity.
The bank guarantee (Conn BG) for Stage-II connectivity has been reduced to Rs 50 lakh (Conn BG-1) and Rs 3 crore (Conn BG-2) for connectivity quantums of 132 kV to 330 kV.
