Re-assessing the cost
Renewable energy (RE) in India is set to become costlier, writes Crisil’s Sehul Bhatt, as the government begins a phased withdrawal of a waiver on charges for connecting to the country’s inter-state transmission system (ISTS).
In 2018, India’s central government introduced a waiver of ISTS charges for renewable energy projects, in a bid to promote faster adoption. This waiver was extended in 2021 to cover projects commissioned by June 30, 2025. Since the start of July, projects are charged 25% of the full ISTS fee, with further phasing up over …
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