Team Blitz India
NEW DELHI: The Government has decided to grant waiver of inter-state transmission (ISTS) charges to off-shore wind projects and also extend the waiver to green hydrogen / green ammonia.
This decision has been taken to facilitate wider execution of offshore wind energy initiatives, to promote the expansion of green hydrogen / green ammonia projects and to encourage the offtake of renewable energy from energy storage system projects.
As per a notification issued by Ministry of Power, a complete waiver of ISTS charges has been given for off-shore wind projects commissioned on or before December 31, 2032 for a period of 25 years from the date of commissioning of the project.
Off-shore projects commissioned from January 1, 2033 would get graded ISTS charges. Earlier, all wind energy projects were provided waiver up to June 30, 2025. Now, offshore wind would be treated separately, and waiver to these would be granted up to December 31, 2032 with graded transmission charges thereafter.
The Government has also granted complete waiver of ISTS charges for a period of 25 years from date of commissioning of the project, for green hydrogen / green ammonia production units, using renewable energy (commissioned after March 8, 2019), pumped storage system or battery storage systems or any hybrid combination.
The projects commissioned before December 31, 2030 will be eligible for this waiver. The projects after December 31, 2030 will attract graded transmission charges.
To promote development of pump storage plants, the criteria for availing the complete waiver of ISTS charges for PSP projects has been linked to the date of award of the project rather than commissioning of the project.