Latest news with #InSTS
Time of India
22-07-2025
- Business
- Time of India
First phase of green energy corridor project facing delays due to multiple reasons: Naik
New Delhi: The phase-I of Green Energy Corridor , a Rs 10,141.68-crore initiative focused on developing infrastructure of integration of renewable generation capacity, is facing delays on account of multiple reasons, Parliament was informed on Tuesday. The scheme was introduced by the government for development of Intra-State Transmission System (InSTS) in eight states. Out of the eight states, four have completed all the projects, Rajasthan, Karnataka, Madhya Pradesh and Tamil Nadu, Minister of State (MoS) of New and Renewable Energy Shripad Naik said in a reply to Rajya Sabha. "The phase-I of Green Energy Corridor has been delayed in remaining four states (Andhra Pradesh, Gujarat, Maharashtra and Himachal Pradesh) due to reasons such as Right of Way (RoW) issues, court cases including Great Indian Bustard matter and forest clearances," Naik, who is also MoS Power, said. The GEC-I scheme aims setting up around 9,700 circuit (ckm) transmission lines and 22,600 megavolt ampere (MVA) substations in order to facilitate integration of about 24 GW of renewable generation capacity. The total project cost is Rs 10,141.68 crore with funding mechanism consisting of 40 per cent Central Financial Assistance from MNRE (Rs 4,056.67 crore), 40 per cent loan from KfW Germany (EUR 500 million) and 20 per cent equity from State Transmission Utilities (STUs). The phase II of GEC scheme is under implementation in Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh at a cost of Rs 12,031.33 crore. Further, the states have been advised to prepare respective plans for InSTS with a 10-year horizon, Naik said. On Monday, the minister said a 340 Giga Watt (GW) Inter-State Transmission System (ISTS) network has been planned to evacuate 230 GW of solar and wind power connected to ISTS. "As of now, out of the total planned capacity, 48 GW has been completed, 159 GW is under construction, 21 GW is under bidding, and 112 GW is under planning," he had informed the upper house. PTI
Time of India
22-07-2025
- Business
- Time of India
India completes 48 GW inter-state transmission network for renewable energy
About 48 GW inter-state transmission system (ISTS) network has been installed for evacuation of solar and wind power , while 159 GW is under construction, Parliament was informed on Monday. A 340 Giga Watt (GW) Inter-State Transmission System (ISTS) network has been planned to evacuate 230 GW of solar and wind power connected to ISTS, Minister of State of Power Shripad Naik said in a reply to Rajya Sabha. "As of now, out of the total planned capacity, 48 GW has been completed, 159 GW is under construction, 21 GW is under bidding, and 112 GW is under planning. "Transmission schemes are approved by the Ministry of Power or the competent authority in line with the scheduled commissioning dates of renewable energy capacities," he said. For Intra-State Transmission System (InSTS), the Minister said Green Energy Corridor (GEC)-I Scheme is under implementation in Karnataka, Madhya Pradesh, Rajasthan, Tamil Nadu, Andhra Pradesh, Gujarat, Himachal Pradesh, and Maharashtra with a cost of ₹10,141.68 crore. The GEC-II scheme is under implementation in Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh at a cost of ₹12,031.33 crore. Further, the states have been advised to prepare respective plans for InSTS with a 10-year horizon, Naik said. On power demand, the Minister said in June the peak demand touched the level of 2,43,118 MW and peak demand met was at 2,42,493 MW having a difference of 625 MW.
Time of India
21-07-2025
- Business
- Time of India
India completes 48 GW inter-state transmission network for renewable energy
About 48 GW inter-state transmission system (ISTS) network has been installed for evacuation of solar and wind power , while 159 GW is under construction, Parliament was informed on Monday. A 340 Giga Watt (GW) Inter-State Transmission System (ISTS) network has been planned to evacuate 230 GW of solar and wind power connected to ISTS, Minister of State of Power Shripad Naik said in a reply to Rajya Sabha. Explore courses from Top Institutes in Select a Course Category Public Policy Design Thinking PGDM Cybersecurity Project Management Digital Marketing Others others MBA Finance Artificial Intelligence Healthcare Management MCA healthcare CXO Operations Management Technology Data Science Leadership Degree Data Science Product Management Data Analytics Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details "As of now, out of the total planned capacity, 48 GW has been completed, 159 GW is under construction, 21 GW is under bidding, and 112 GW is under planning. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 4BHK Villas with Private Garden ATS Infrastructure Ltd Learn More Undo " Transmission schemes are approved by the Ministry of Power or the competent authority in line with the scheduled commissioning dates of renewable energy capacities ," he said. For Intra-State Transmission System (InSTS), the Minister said Green Energy Corridor (GEC)-I Scheme is under implementation in Karnataka, Madhya Pradesh, Rajasthan, Tamil Nadu, Andhra Pradesh, Gujarat, Himachal Pradesh, and Maharashtra with a cost of Rs 10,141.68 crore. Live Events The GEC-II scheme is under implementation in Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh at a cost of Rs 12,031.33 crore. Further, the states have been advised to prepare respective plans for InSTS with a 10-year horizon, Naik said. On power demand, the Minister said in June the peak demand touched the level of 2,43,118 MW and peak demand met was at 2,42,493 MW having a difference of 625 MW.
