NTPC Appointed as the Implementing Agency for Long-Term Access in ISTS Network
Will act as the facilitator for projects based on standalone storage sources of at least 50 MW capacity
The Ministry of New and Renewable Energy (MNRE) has designated National Thermal Power Corporation (NTPC) as the renewable energy implementing agency to facilitate the application of connectivity and long-term access (LTA) in the interstate transmission system network.
According to the Central Electricity Regulatory Commission (CERC), a renewable energy implementing agency is a company or an entity designated by the central or state government to act as an intermediary procurer to select and buy power from renewable energy generating stations and sell it to one or more distribution licensees. The agency can act as a facilitator for those projects which are based on standalone storage sources of installed capacity of 50 MW or above.
Earlier, the CERC released procedural regulations for granting ISTS connectivity to renewable energy projects. It was stated that the connectivity application would be processed in two stages. Those developers who were interested in setting-up renewable generation projects and had a minimum capacity of 50 MW were asked to apply for connectivity.
Previously, the central body also issued regulations to lay down the broad principles, procedures, and processes to be followed for the planning and development of the ISTS network for the smooth flow of electricity from generating stations to the load centers. These regulations were expected to help in the timely development of ISTS in India. ISTS is of utmost importance for the growth of solar and wind as all areas do not have the same solar potential or land availability. ISTS is required to realize the potential of solar-rich states.
Besides thermal power production, NTPC has also been focusing on renewable power, especially solar. According to Mercom’s India Solar Tender Tracker, NTPC has 875 MW of large-scale solar projects in operation, and about 2.1 GW capacity is currently under development.
Recently, it also floated an invitation for bids for the selection of solar power developers for setting up 1,200 MW of ISTS-connected solar projects in India.