Auctioning Unused Transmission Grid Slots for Renewable Energy Projects in India

planned

Prospective

India's power regulator, the Central Electricity Regulatory Commission, is considering auctioning unused transmission connectivity slots that have been lying idle due to renewable energy developers failing to sign power purchase agreements. This initiative aims to free up transmission capacity for developers committed to faster commissioning, addressing bottlenecks in the clean energy rollout. Proposals include converting delayed purchase agreements to land-based routes, performance guarantees, swapping letters of award, or surrendering connectivity for auction to bidders who commit to fast-track commissioning. Future applications may require power purchase agreements or be processed through auctions to ensure connectivity goes to active players.

The Economic Times

Project

Power Generation (CCGT), Government