Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
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Power and Renewable Energy Minister R.K. Singh on Thursday approved the proposal for early regulatory approvals of transmission schemes identified for 66.5 GW of renewable energy projects by designating them ‘projects of national importance’.
“As the gestation period of renewable energy (RE) projects is much shorter in comparison to the implementation period of the transmission facilities, and significant quantum of RE capacity targeted to be tendered out in the current financial year, it is necessary that the present system of transmission planning and implementation for RE projects need to be carried out in mission mode,” the government said in a release. Transmission activities need to be started ahead of the generation so that both of them are completed in matching time-frames, it said.
