Govt to invoke special powers, save green projects of Rs 40k crore


Govt to invoke special powers, save green projects of Rs 40k crore

The government is set to use special powers under the Electricity Act of 2003 to ensure regulatory passage for a clutch of inter-state transmission lines with the objective of preventing solar and wind power projects worth Rs 40,000 crore from getting stranded.

Top government sources told TOI the power ministry will invoke Section 107 of the Electricity Act to ask Central Electricity Regulatory Commission (CERC) to allow central utilities to build the transmission lines for evacuating power from 8 GW (giga watt) of green energy projects slated to be commissioned from October 2020. Read more

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