India Approves New Inter-State Transmission System to Boost Renewable Energy Evacuation from Rajasthan and Karnataka
In a significant move to bolster its renewable energy infrastructure, the Government of India has greenlit the implementation of a new Inter-State Transmission System (ISTS) designed to evacuate a substantial 9 GW of electricity from the states of Rajasthan and Karnataka. This ambitious project, which falls under the Tariff Based Competitive Bidding (TBCB) regime, is a crucial part of India's overarching goal to establish 500 GW of renewable energy capacity by 2030, with 200 GW already operational.
The approved scheme aims to enhance the country's renewable energy capabilities by facilitating the efficient transfer of power from areas rich in renewable resources to regions with high demand. The initiative underscores India's commitment to sustainable development and its efforts to mitig...