Govt invokes special powers to save green projects worth Rs 40,000 crore


Govt invokes special powers to save green projects worth Rs 40,000 crore

The government has invoked special powers under the Electricity Act of 2003, directing the Central Electricity Regulatory Commission (CERC) to clear a clutch of inter-state transmission lines under the public sector route to save solar and wind power projects worth Rs 40,000 crore from getting stranded.

Invoking Section 107 of the Act, a written directive from the power ministry has asked CERC to approve the lines for which state-run PowerGrid had sought approval before new norms for clearing transmission infrastructure was implemented in June last year. The directive also seeks speedy clearance to transmission lines finalised under the previous norms once the utility applies for approval.

Section 107 of the Act allows the Centre to declare projects to be of public/national importance and issue executive directive to regulators to clear them for implementation by central utilities. Read More

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