Power Ministry gives nod to proposal for 66 Giga Watt renewable energy projects

The Union Power Ministry has approved proposal for early regulatory nod by CERC for transmission schemes for 66.5 GW renewable energy generation in order to fast-track green projects in the country.

In a statement, the Ministry said, “In a major decision to fast track the deployment of Renewable Energy (RE) in India, Minister of State for Power and New & Renewable Energy R K Singh has approved a proposal for early regulatory approval by Central Electricity Regulatory Commission (CERC) for transmission schemes identified for 66.5 GW National Renewable Energy Mission projects.”

It further stated that the Ministry of Power has issued an order in this regard. As a part of the steps necessary to fulfill the commitment made by India under the Nationally Determined Contribution pursuant to the Paris Agreement on Environment, the country will set up 175 GW of RE capacities by 2022.

As of May 2019, about 80 GW of RE generation has already been commissioned and the balance 95 GW has to come up in the next three years. To achieve the targets, the Ministry of New and Renewable Energy (MNRE) in consultation with CEA (Central Electricity Authority) and Central Transmission Utility (CTU) has identified transmission schemes for around 66.5 GW of RE generation, comprising around 28 GW under Phase-I and around 38.5 GW under Phase-II as part of National Renewable Energy Mission of setting up of 175 GW of RE capacity.

The Ministry added: “As the gestation period of RE projects is much shorter in comparison to the implementation period of the transmission facilities, and significant quantum of RE capacity targeted to be tendered out in the current financial year, it is necessary that the present system of transmission planning and implementation for RE projects need to be carried out in Mission Mode.”

Image Credit : www.dnaindia.com

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