⚡ Quick Read What happened: POWERGRID has won a PFC Consulting auction to develop an ISTS network at the Tumkur-II substation in Karnataka to integrate 2.7 GW of renewable energy. Why it matters: This project is critical for developers in the Karnataka region, as it provides the necessary transmission infrastructure to evacuate large-scale renewable capacity….
⚡ Quick Read What happened: The CERC has extended the current 50:50 drawal and GNA-based deficit sharing formula for the Deviation Settlement Mechanism (DSM) until October 4, 2026. Why it matters: This extension provides regulatory stability for ISTS consumers by delaying the transition to a complex, reserve-based allocation methodology that currently lacks operational readiness. Watch:…
⚡ Quick Read What happened: The CERC has approved tariffs of ₹3.41/kWh and ₹3.42/kWh for NHPC’s 1.2 GW ISTS-connected wind-solar hybrid projects, while capping Avaada Energy’s greenshoe capacity at 210 MW. Why it matters: This ruling provides regulatory certainty for major developers like Adani, Sprng Vayu, and Avaada while setting a precedent for how intermediary…