Solapur Transmission Granted License for Renewable Energy Project
POWER & RENEWABLE ENERGY

Solapur Transmission Granted License for Renewable Energy Project

The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Solapur Transmission (STL) to establish an inter-state transmission system. This system will facilitate the evacuation of 1,500 MW of power from renewable energy projects located in the Solapur Solar Energy Zone (SEZ) in Maharashtra.

The project, which will be developed on a build, own, operate, and transfer basis, marks a significant milestone in India's renewable energy sector. Solapur Transmission emerged as the successful bidder through a tariff-based competitive bidding process conducted by PFC Consulting, the bid process coordinator. The Letter of Intent (LoI) was issued to STL on March 30, 2023, and the company acquired a special purpose vehicle to execute the project on May 12, 2023.

Project Details

The proposed transmission system includes:

Establishing a 3?500 MVA, 400/220 kV pooling station at Solapur. A 400 kV D/C Solapur Pooling Station-Solapur line. Four 220 kV line bays at Solapur Pooling Station. Commission?s Analysis

In reviewing STL?s application, the CERC ensured compliance with the transmission license regulations. STL provided detailed information on its shareholding pattern and submitted affidavits to prove it had not been disqualified under Section 16 of the Electricity Act. The Commission found STL?s credentials satisfactory for developing the transmission system.

STL has been directed to execute the transmission service agreement with the Central Transmission Utility within one month of the order. It must also secure the transmission charges and approvals and approach the Commission to determine tariffs per Section 62 of the Electricity Act.

This decision follows a recent CERC directive granting a transmission license to Pachora Power Transmission for establishing a similar system for evacuating power from renewable energy projects in Rajgarh SEZ in Madhya Pradesh.

The development is expected to bolster the renewable energy infrastructure in Maharashtra and contribute significantly to India's renewable energy goals.

The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Solapur Transmission (STL) to establish an inter-state transmission system. This system will facilitate the evacuation of 1,500 MW of power from renewable energy projects located in the Solapur Solar Energy Zone (SEZ) in Maharashtra. The project, which will be developed on a build, own, operate, and transfer basis, marks a significant milestone in India's renewable energy sector. Solapur Transmission emerged as the successful bidder through a tariff-based competitive bidding process conducted by PFC Consulting, the bid process coordinator. The Letter of Intent (LoI) was issued to STL on March 30, 2023, and the company acquired a special purpose vehicle to execute the project on May 12, 2023. Project Details The proposed transmission system includes: Establishing a 3?500 MVA, 400/220 kV pooling station at Solapur. A 400 kV D/C Solapur Pooling Station-Solapur line. Four 220 kV line bays at Solapur Pooling Station. Commission?s Analysis In reviewing STL?s application, the CERC ensured compliance with the transmission license regulations. STL provided detailed information on its shareholding pattern and submitted affidavits to prove it had not been disqualified under Section 16 of the Electricity Act. The Commission found STL?s credentials satisfactory for developing the transmission system. STL has been directed to execute the transmission service agreement with the Central Transmission Utility within one month of the order. It must also secure the transmission charges and approvals and approach the Commission to determine tariffs per Section 62 of the Electricity Act. This decision follows a recent CERC directive granting a transmission license to Pachora Power Transmission for establishing a similar system for evacuating power from renewable energy projects in Rajgarh SEZ in Madhya Pradesh. The development is expected to bolster the renewable energy infrastructure in Maharashtra and contribute significantly to India's renewable energy goals.

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000