Waiver on ISTS charges on offshore wind and hydrogen projects announced

Waiver on ISTS charges on offshore wind and hydrogen projects announced

By C-DEP Team

The government has announced a complete waiver of the inter-state transmission system (ISTS) charges on offshore wind, green hydrogen and ammonia projects for 25 years.

As per a notification issued by the Ministry of Power, the waiver is applicable to projects commissioned till December 31, 2032. The decision will facilitate wider execution of offshore wind energy initiatives, as well as promote expansion of green hydrogen/green ammonia projects, and the offtake of renewable energy from energy storage system projects.