MoP approves new ISTS projects worth Rs 158.93 billion

The Ministry of Power (MoP) has approved new 23 interstate transmission system (ISTS) projects with an estimated cost of Rs 158.93 billion.  

These include 13 projects with an estimated cost of Rs 147.66 billion to be developed under tariff based competitive bidding (TBCB) and 10 projects with an estimated cost of Rs 11.27 billion to be developed under regulated tariff mechanism (RTM). The new transmission projects would facilitate evacuation of power from 14 GW of renewable projects in Rajasthan, 4.5 GW of RE projects in Gujarat, 1 GW Neemuch solar park, Madhya Pradesh and feeding areas near Akhnoor and Jammu region by establishing Siot substation in Jammu.