StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Right here’s how a 39-year-old might intention for one million by retirement, by spending £900 a month on UK shares
    Right here’s how a 39-year-old might intention for one million by retirement, by spending £900 a month on UK shares
    4 Min Read
    In job losses, AI’s position could also be greater than firms say
    In job losses, AI’s position could also be greater than firms say
    10 Min Read
    Calm reported in Syria's Sweida, Damascus says truce holding
    Calm reported in Syria's Sweida, Damascus says truce holding
    0 Min Read
    With P/E ratios beneath 7, are these undervalued FTSE shares bargains — or worth traps?
    With P/E ratios beneath 7, are these undervalued FTSE shares bargains — or worth traps?
    4 Min Read
    The most important crimson flag in a job interview, in accordance with a founder
    The most important crimson flag in a job interview, in accordance with a founder
    5 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    Navigating stormy markets with self-discipline
    Navigating stormy markets with self-discipline
    0 Min Read
    'I don't consider pure buy-and-hold works'
    'I don't consider pure buy-and-hold works'
    0 Min Read
    Inside Funds: What mutual funds are doing now
    Inside Funds: What mutual funds are doing now
    0 Min Read
    Autobiography of an SIP
    Autobiography of an SIP
    0 Min Read
    Gold loans: Fast cash, however know the nice print
    Gold loans: Fast cash, however know the nice print
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    Fund Radar: Chase winners, wager on laggards or keep chill?
    Fund Radar: Chase winners, wager on laggards or keep chill?
    0 Min Read
    What ought to buyers do as subdued Q1 outcomes, tariff tensions lengthen inventory market losses? Explains Geojit’s Vinod Nair
    What ought to buyers do as subdued Q1 outcomes, tariff tensions lengthen inventory market losses? Explains Geojit’s Vinod Nair
    4 Min Read
    Fund Radar: Issue investing goes massive in mid and small caps
    Fund Radar: Issue investing goes massive in mid and small caps
    0 Min Read
    Wall St Week Forward-Industrial sectors beneficial properties to be examined as earnings ramp up
    Wall St Week Forward-Industrial sectors beneficial properties to be examined as earnings ramp up
    6 Min Read
    The endurance dividend
    The endurance dividend
    0 Min Read
  • Trading
    TradingShow More
    Peter Thiel As soon as Touched On Promoting Fb Inventory Too Early — Palantir Co-Founder Says Misjudged Large Tech’s ‘Fractal’ Path To  Trillion – Meta Platforms (NASDAQ:META), Palantir Applied sciences (NASDAQ:PLTR)
    Peter Thiel As soon as Touched On Promoting Fb Inventory Too Early — Palantir Co-Founder Says Misjudged Large Tech’s ‘Fractal’ Path To $1 Trillion – Meta Platforms (NASDAQ:META), Palantir Applied sciences (NASDAQ:PLTR)
    4 Min Read
    Trump’s Tariff Menace, Inflation Dynamics And Federal Reserve Updates: This Week In Financial system
    Trump’s Tariff Menace, Inflation Dynamics And Federal Reserve Updates: This Week In Financial system
    3 Min Read
    Acquisition Buzz, Authorized Battles And Tim Prepare dinner’s Balancing Act: This Week In Appleverse – MP Supplies (NYSE:MP)
    Acquisition Buzz, Authorized Battles And Tim Prepare dinner’s Balancing Act: This Week In Appleverse – MP Supplies (NYSE:MP)
    3 Min Read
    Six in 10 Imagine Trump’s New Tax and Spending Invoice Will Profit Rich, Harm Low-Revenue Teams
    Six in 10 Imagine Trump’s New Tax and Spending Invoice Will Profit Rich, Harm Low-Revenue Teams
    3 Min Read
    ETF-Mutual Fund Mashup Nears Approval, Portfolios Could Shift Quick – T. Rowe Worth Blue Chip Progress ETF (ARCA:TCHP), Dimensional ETF Belief Dimensional U.S. Core Fairness 2 ETF (ARCA:DFAC)
    ETF-Mutual Fund Mashup Nears Approval, Portfolios Could Shift Quick – T. Rowe Worth Blue Chip Progress ETF (ARCA:TCHP), Dimensional ETF Belief Dimensional U.S. Core Fairness 2 ETF (ARCA:DFAC)
    5 Min Read
Reading: Prolong waiver on transmission fees for renewable energy until 2030: Energy producers to Centre
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Business > Prolong waiver on transmission fees for renewable energy until 2030: Energy producers to Centre
Business

Prolong waiver on transmission fees for renewable energy until 2030: Energy producers to Centre

StockWaves By StockWaves Last updated: February 17, 2025 9 Min Read
Prolong waiver on transmission fees for renewable energy until 2030: Energy producers to Centre
SHARE


Energy producers have requested the federal government to maintain the waiver on inter-state transmission fees for renewable vitality till 2030 to assist clear vitality take root extra deeply in India’s economic system.

A consultative assembly chaired by Minister for New and Renewable Power Pralhad Joshi was held on February 5, the place Wind Impartial Energy Producers Affiliation (WIPPA) and different associations shared their considerations and options.

A key demand from the gamers was to increase the waiver on inter-state transmission system (ISTS) fees, which is in any other case on account of finish on June 30 this yr, sources conscious of the matter mentioned.

Renewable vitality gamers requested MNRE to increase the ISTS waiver until 2030 to advertise investments within the sector and support India’s formidable vitality transition targets.

At present, fees are waived for 25 years for inexperienced energy initiatives resembling photo voltaic, wind, and hybrid initiatives, and battery vitality and pump storage initiatives commissioned earlier than June 30, 2025.

The present ISTS waiver helps renewable vitality builders keep away from Rs 0.4-1.8 per unit in fees that will have incurred on transferring electrical energy from producing state to consumption centres. This, sources mentioned, is a considerable chunk of the overall tariff.

If ISTS waiver just isn’t prolonged, it is going to result in important improve in tariff and make energy generated from renewable sources uncompetitive vs different sources like coal, sources mentioned including this may even result in a rise in procurement prices of electrical energy distribution corporations.

Many LOAs (letter of awards) wouldn’t convert to energy buy agreements (PPAs) if the waiver is rescinded in June 2025, business gamers felt.

On different hand, the price of extending the waiver is nominal whereas the advantages are large. It would assist DISCOMs signal the pending 40 GW of PPAs as they might save 60-90 paise per unit.

Additional, industries might be motivated to decarbonise and go for renewable vitality initiatives. Each will assist the nation transfer in direction of the five hundred GW mission.

In keeping with official knowledge, transmission fees (with out waiver) are roughly Rs 52,691 crore per yr whereas the quantum of ISTS waiver is barely round 7 per cent at Rs 3,602 crore.

For any extension of ISTS waiver, heads of each Ministry of New and Renewable Power (MNRE) and Ministry of Energy are anticipated to fulfill quickly to resolve on the long run plan of action, sources added.

India faces transmission constraints in its endeavour to fulfill renewable vitality targets. Solely Madhya Pradesh can have spare capability sooner or later, whereas Rajasthan and Gujarat won’t. States must plan renewable and different energy procurement as per the useful resource adequacy framework.

On the assembly, considerations have been raised about delays in closing letters of award (LOA) with energy buy agreements (PPA), resulting in developer liabilities. New tips will purpose to shut LOA with PPA inside a yr. Moreover, it was identified on the assembly that transmission fees for builders have been lowered to handle such delays.

There is a want to increase ISTS transmission cost waivers for renewable vitality to maintain distribution corporations energy procurement prices low. A phased discount of those waivers could possibly be thought-about to handle the issue of socialisation of prices. Nonetheless, this might result in PPAs not materialising owing to extend in RE procurement price, they mentioned.

 



Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article BofA Stays Bearish on Small & Midcap Shares; Ought to You Maintain? BofA Stays Bearish on Small & Midcap Shares; Ought to You Maintain?
Next Article Borch Crypto Critiques MIND of Pepe – Greatest AI Crypto Presale for 20X? Borch Crypto Critiques MIND of Pepe – Greatest AI Crypto Presale for 20X?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Fund Radar: Chase winners, wager on laggards or keep chill?
Fund Radar: Chase winners, wager on laggards or keep chill?
July 20, 2025
Right here’s how a 39-year-old might intention for one million by retirement, by spending £900 a month on UK shares
Right here’s how a 39-year-old might intention for one million by retirement, by spending £900 a month on UK shares
July 20, 2025
Lancet report calls out systemic corruption and inefficiencies at Nationwide Medical Fee
Lancet report calls out systemic corruption and inefficiencies at Nationwide Medical Fee
July 20, 2025
IRFC, Paytm, Zomato and seven different shares asserting outcomes subsequent week
IRFC, Paytm, Zomato and seven different shares asserting outcomes subsequent week
July 20, 2025
In job losses, AI’s position could also be greater than firms say
In job losses, AI’s position could also be greater than firms say
July 20, 2025

You Might Also Like

Exploring the Benefits of Celebree Faculty’s Residence-Primarily based Daycare Program
Business

Exploring the Benefits of Celebree Faculty’s Residence-Primarily based Daycare Program

5 Min Read
Chipi Airport can Reimagine Actual Property within the Southern Maharashtra: Ankit Kansal
Business

Chipi Airport can Reimagine Actual Property within the Southern Maharashtra: Ankit Kansal

7 Min Read
Ben Affleck’s ‘The Accountant 2’ now streaming on OTT: Plot, solid & the place to look at
Business

Ben Affleck’s ‘The Accountant 2’ now streaming on OTT: Plot, solid & the place to look at

2 Min Read
Xiaomi launches Redmi Watch Transfer underneath Rs 2,000; 1.85-inch show, 14-day battery life, different key options
Business

Xiaomi launches Redmi Watch Transfer underneath Rs 2,000; 1.85-inch show, 14-day battery life, different key options

3 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Fund Radar: Chase winners, wager on laggards or keep chill?
Right here’s how a 39-year-old might intention for one million by retirement, by spending £900 a month on UK shares
Lancet report calls out systemic corruption and inefficiencies at Nationwide Medical Fee

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up