ISTS charges waived on transmission of electricity from new hydro projects
The Union Power ministry on Friday issued an order for waiver of the Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from new hydro-power projects.
According to a press release by the ministry, the said waiver is already available to solar and wind power projects.
The government has set an ambitious plan to have 500 GW of generation capacity from non-fossil energy-based sources by 2030.
“Hydro power projects, being clean, green and sustainable, will be of paramount importance in our clean energy transition journey. They are also essential for the integration of solar and wind power, which are intermittent in nature,” the release said.
