New Delhi, Dec 8 (PTI) Union power minister R K Singh has approved 23 new inter-state transmission system projects worth Rs 15,893 crore.

The new inter-state transmission system (ISTS) projects comprise 13 projects with an estimated cost of Rs 14,766 crore to be developed under Tariff Based Competitive Bidding (TBCB) and 10 projects with an estimated cost of Rs 1,127 crore to be developed under Regulated Tariff Mechanism (RTM), a power ministry statement said.

Also Read | IAF Mi-17 V5 Helicopter Carrying CDS General Bipin Rawat Crashes In Tamil Nadu’s Nilgiris; Know All About The Russian-Made Chopper.

It further said that the Union Minister of Power and New and Renewable Energy has approved new 23 ISTS projects "with an estimated cost of Rs 15,893 crore".

The new transmission projects would inter-alia facilitate evacuation system for 14 GW of renewable projects in Rajasthan, 4.5 GW of RE projects in Gujarat, 1 GW Neemuch Solar Park, Madhya Pradesh and feeding areas near Akhnoor and Jammu region by establishing Siot Substation in Jammu.

Also Read | Realme 9i New Renders & Specifications Emerge Online: Report.

These projects were approved after examining the recommendations of the National Committee on Transmission and in accordance with the National Tariff Policy 2016, notified by the central government, which provides that ISTS project is developed through TBCB, except for certain category projects, which are strategic, technical-upgradation or time-bound in nature, it stated.

The above transmission network expansion would augment seamless transfer of power from power surplus regions to power deficit regions and thus optimising the use of generation resources as well as meeting the demands of end consumers without any transmission constraints. It would assist growth of renewable energy based capacity, it stated.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)