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Developers turns jittery on Power Evacuation Matters from Renewable Energy Projects

<p><span style="font-size:10.0pt">Being mulled over Power evacuation issues, Renewable Energy Developers/Generators are reluctant to participate in recent Solar/Wind Tenders floated by NTPC. Market is sceptical about available transmission capacities and connectivity with Inter-State Transmission System. New Regulation on Grant of Connectivity of RE Generators with Inter-State system is yet to elucidate the procedures, which deterred recent auctions.</span></p> <p><span style="font-size:10pt">Issues related to grant of connectivity through Inter-State transmission system should be resolved with MNRE and &nbsp;CEA at primitive stage, so that it creates a regulatory framework for hassle-free culmination of Renewable energy targets till 2022.</span></p>