ISTS charges for hydro and battery storage projects waived till 2028
Author: PPD Team Date: 11/06/2025
Author: PPD Team Date: 11/06/2025
The Ministry of Power (MoP) has announced a full waiver of Inter-State Transmission System (ISTS) charges for Hydro Pumped Storage Projects (PSP) and Battery Energy Storage Systems (BESS), under specific conditions.
According to the order issued on June 10, 2025, the waiver will apply to Hydro PSP projects awarded for construction on or before June 30, 2028. The same benefit is extended to co-located BESS projects commissioned by that date, provided the stored power is used outside the state where the project is located.
A BESS project qualifies as “co-located” if it shares an ISTS substation with a renewable energy (RE) project. If not co-located, the BESS project will be subject to the existing ISTS rules defined by the Ministry of Power and the Central Electricity Regulatory Commission (CERC).
Projects initiated after June 30, 2028, will not be eligible for the waiver.
Author: PPD Team Date: 25/04/2025 Power Grid Corporation of India Limited (POWERGRID) has started commercial operations at its 85 MW solar photovoltaic (PV) power plant in Nagda, Ujjain, Madhya Pradesh. The plant was developed by POWERGRID through its wholly owned subsidiary, POWERGRID Energy Services Limited. The solar plant was commissioned and began commercial operations on April 24, 2025. NTPC Limited served as the consultant for the project, providing technical and project support. The solar facility…
Author: PPD Team Date: 21/11/2024 SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera,…
Author: PPD Team Date: 24/06/2025 Gentari is planning to divest up to 50 per cent stake in its India operations. The move could become one of the largest green energy transactions in the country. The company has appointed Standard Chartered Bank as the transaction advisor. Gentari’s India portfolio includes 4 GW of operational renewable assets, another 4 GW under construction, and 4 GW in the pipeline. In March, Gentari Renewables India acquired a 1.6 GW…
Author: PPD Team Date: 17/01/2025 Refex Green Mobility Limited has acquired 2,997 electric four-wheelers (e4Ws) from Gensol Engineering Limited for Rs 3.15 billion. The acquisition includes the transfer of Gensol’s existing loan facility. The e4Ws will be deployed in key markets such as Chennai, Bengaluru, Hyderabad, Mumbai, and Pune, where Refex Green Mobility operates. The company also plans to lease the vehicles to Blu-Smart Mobility Limited to support operations in Delhi NCR and Bengaluru.
Author: PPD Team Date: 30/12/2024 Vistra has connected two new utility-scale solar projects in Illinois to the grid as part of efforts to amend the retirement schedule for its 1,185 MW Baldwin Power Plant. Originally set to retire in 2025, the plant will now operate until 2027, complying with federal Environmental Protection Agency retirement and pond closure requirements. The Baldwin site recently saw the addition of a 68 MW utility-scale solar facility and a 2…
Author: PPD Team Date: 22/07/2025 Fuel stations in India are expected to play a more active role in the power sector, as the government urges petroleum dealers to integrate clean energy solutions. Union Petroleum Minister Hardeep Singh Puri called on the country’s 70,000-plus fuel retail outlets to adopt rooftop solar power, install electric vehicle (EV) charging stations, and upgrade infrastructure with energy-efficient systems. Speaking at the All India Petroleum Dealers Association (AIPDA) Conclave, Mr. Puri…
Author: PPD Team Date: 25/04/2025 Power Grid Corporation of India Limited (POWERGRID) has started commercial operations at its 85 MW solar photovoltaic (PV) power plant in Nagda, Ujjain, Madhya Pradesh. The plant was developed by POWERGRID through its wholly owned subsidiary, POWERGRID Energy Services Limited. The solar plant was commissioned and began commercial operations on April 24, 2025. NTPC Limited served as the consultant for the project, providing technical and project support. The solar facility…
Author: PPD Team Date: 21/11/2024 SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera,…
Author: PPD Team Date: 24/06/2025 Gentari is planning to divest up to 50 per cent stake in its India operations. The move could become one of the largest green energy transactions in the country. The company has appointed Standard Chartered Bank as the transaction advisor. Gentari’s India portfolio includes 4 GW of operational renewable assets, another 4 GW under construction, and 4 GW in the pipeline. In March, Gentari Renewables India acquired a 1.6 GW…
Author: PPD Team Date: 17/01/2025 Refex Green Mobility Limited has acquired 2,997 electric four-wheelers (e4Ws) from Gensol Engineering Limited for Rs 3.15 billion. The acquisition includes the transfer of Gensol’s existing loan facility. The e4Ws will be deployed in key markets such as Chennai, Bengaluru, Hyderabad, Mumbai, and Pune, where Refex Green Mobility operates. The company also plans to lease the vehicles to Blu-Smart Mobility Limited to support operations in Delhi NCR and Bengaluru.
Author: PPD Team Date: 30/12/2024 Vistra has connected two new utility-scale solar projects in Illinois to the grid as part of efforts to amend the retirement schedule for its 1,185 MW Baldwin Power Plant. Originally set to retire in 2025, the plant will now operate until 2027, complying with federal Environmental Protection Agency retirement and pond closure requirements. The Baldwin site recently saw the addition of a 68 MW utility-scale solar facility and a 2…
Author: PPD Team Date: 22/07/2025 Fuel stations in India are expected to play a more active role in the power sector, as the government urges petroleum dealers to integrate clean energy solutions. Union Petroleum Minister Hardeep Singh Puri called on the country’s 70,000-plus fuel retail outlets to adopt rooftop solar power, install electric vehicle (EV) charging stations, and upgrade infrastructure with energy-efficient systems. Speaking at the All India Petroleum Dealers Association (AIPDA) Conclave, Mr. Puri…
Author: PPD Team Date: 25/04/2025 Power Grid Corporation of India Limited (POWERGRID) has started commercial operations at its 85 MW solar photovoltaic (PV) power plant in Nagda, Ujjain, Madhya Pradesh. The plant was developed by POWERGRID through its wholly owned subsidiary, POWERGRID Energy Services Limited. The solar plant was commissioned and began commercial operations on April 24, 2025. NTPC Limited served as the consultant for the project, providing technical and project support. The solar facility…
Author: PPD Team Date: 21/11/2024 SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera,…