The norms issued by the Central Electricity Regulatory Commission (CERC) for granting connectivity to renewable energy-based projects proposing to use the inter-state transmission system (ISTS) is positive for power producers, an Icra report said.
However, the rating agency noted that the uncertainty persists on availability of adequate infrastructure to evacuate power from wind power projects bid out by the Solar Energy Corporation of India (SECI) over the past 15 months.
Sabyasachi Majumdar, senior vice-president and group head, Icra Ratings, said, "The notified regulations are positive for developers in the renewable energy sector, as they provide clarity on the procedure and timelines for securing approval for connectivity from the central transmission utility."
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