CERC allows delayed RE projects to retain ISTS connectivity with penalty
The Central Electricity Regulatory Commission (CERC), through its order dated March 2, 2026, has allowed three renewable energy developers—Serentica Renewables India 4 Pvt. Ltd., ReNew Green Energy Solutions Pvt. Ltd., and ReNew Green (MHP One) Pvt. Ltd.—to retain inter-state transmission system (ISTS) connectivity despite delays in achieving commercial operation. The relief is subject to payment of compensation. Following the order, the Central Transmission Utility of India Limited (CTUIL) has calculated and published the compensation payable…