NEW DELHI: In a big relief for renewable energy projects delayed by the Covid-19 pandemic, the power ministry on Tuesday extended for two more years the waiver on inter-state transmission charges for green power.
The ministry also extended the waiver to transmission of electricity from renewable energy sources for trading on exchanges with a view to expanding the market for green power.
Missing the ISTS (inter-state transmission system) charges would have raised the tariff of power from projects under construction that are likely to miss their completion date because of delays caused by the pandemic. This would have hit offtake of power from such projects and ultimately their financials.
