India Approves Projects Worth INR 13,595 Cr to Evacuate 9 GW RE Power from Rajasthan, Karnataka
The new schemes will be carried through tariff-based competitive bidding (TBCB) mode to ensure efficiency and transparency in the evacuation process.
June 29, 2024. By News Bureau
These two new ISTS schemes will be implemented to evacuate 4.5 GW of renewable energy each from Rajasthan and Karnataka, with a total investment of INR 13,595 crore. The newly approved schemes are an essential part of India’s aim to achieve 500 GW of renewable energy capacity by 2030.
These schemes are part of the India’s goal of achieving 500 GW renewable energy capacity by 2030, out of which 200 GW has already been connected. Currently, 200 GW of renewable energy capacity has already been evacuated to the grid.
The Rajasthan Renewable Energy Zone (REZ) power transfer scheme will facilitate the evacuation of 4.5 GW of renewable energy to various regions in Uttar Pradesh. The evacuation comprises 1 GW from Fatehgarh, 2.5 GW from Barmer, and 1 GW from Nagaur. The evacuated power will be transferred to Orai, Mainpuri and Fatehpur regions of Uttar Pradesh. The cost of the evacuation scheme is INR 12,241, and the completion period is two years.
The other 4.5 GW of renewable energy capacity will be evacuated by the system strengthening scheme of Karnataka from Koppal area and Gadag area. The evacuation will be completed by June 2027 and will cost INR 1,354 crore.
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