EPTA Urges Govt to Extend Transmission Waiver for Green Projects
The Electric Power Transmission Association (EPTA) has requested an extension of the Inter-State Transmission System charges waiver until March 2026. This move is to safeguard approximately 30 GW of clean energy projects worth Rs 2 lakh crore from delays. An extension or gradual phase-out is suggested to maintain investment viability.
- Country:
- India
The Electric Power Transmission Association (EPTA) has called upon the government to extend the Inter-State Transmission System (ISTS) charges waiver for clean energy projects until March 2026. This comes amid fears that around 30 GW worth of projects, valued at approximately Rs 2 lakh crore, could face significant viability risks due to unavoidable delays.
Originally, the government had slated the waiver for solar and wind projects to end by June 30, 2025. EPTA Director General G P Upadhyaya emphasized that projects across states such as Rajasthan, Gujarat, and Tamil Nadu could be affected by lands issues and other unforeseen challenges, causing further postponements.
The EPTA has proposed granting a 6-9 month extension to projects that have achieved key milestones, and recommended a gradual waiver phase-out, retracting the waiver by 10% annually instead of the proposed 25%. This approach aims to stabilize costs and keep renewable energy investments attractive.
ALSO READ
-
Türkiye Secures $400m ADB Loan for Resilient Homes and Women-Inclusive SMEs
-
Bangkok to Unite Development Banks With $23 Trillion for Sustainable Growth Push
-
EIB Backs Reactive Technologies to Cut Outage Risks and Boost Clean Power
-
IDB Backs $23.75 Million Rural Power Push to Bring Electricity to Belize
-
AfDB and Hyundai Explore Africa’s Electric Vehicle and Clean Energy Opportunities
Google News