Friday, 6 December 2024

Adani Green solar project: Govt waived transmission cost, sweetened deal

This waiver of ISTS (inter state transmission system) charges is estimated to have resulted in savings of 80 paise per unit (Rs 1,360 crore a year), in a way incentivising the state to buy power from the two projects. ISTS charges are levied when power is wheeled from one state to another using the national grid.