MNRE Nominates NTPC as RE Implementing Agency

The Ministry of New and Renewable Energy (MNRE) has announced that it has selected state-owned NTPC as the renewable energy (RE) implementing agency to enable the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network.

As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in ISTS matters, any company or an entity designated by the central or state government as renewable energy implementing agency will act as an intermediary procurer to select and buy power from renewable energy generating stations and sell it to one or more distribution licensees or any other person in accordance with the guidelines issued from time to time by the power ministry, MNRE, or the state government.

Such entity can act as a enabler for the projects based on standalone storage sources of an installed capacity of 50 MW or above.