Torrent Power Wins Bid for Renewable Projects in Maharashtra
March 11, 2024, 11:41 am
Torrent Power emerges victorious in securing the rights to develop inter-state transmission system (ISTS) connected renewable projects in Maharashtra. The company's success in a competitive auction conducted by the Solar Energy Corporation of India (SECI) highlights its commitment to advancing renewable energy initiatives.
Torrent Power's upcoming projects in Maharashtra will focus on establishing ISTS-connected solar and wind power facilities. The company will oversee the design, engineering, procurement, supply, construction, operation, and maintenance of these projects, showcasing its comprehensive approach to renewable energy development.
SECI's ISTS program, under which the auction took place, reflects the government's ongoing efforts to promote clean energy generation and facilitate its transmission across different states. Torrent Power's triumph positions it as a key player in enhancing the renewable energy landscape in Maharashtra, contributing to the state's sustainability goals.
India's dedication to increasing the proportion of renewable energy in its energy mix is evident through initiatives like ISTS-connected projects. These projects play a vital role in efficiently transmitting renewable power from regions abundant in resources to areas with high electricity demand, ensuring a balanced energy distribution.
Torrent Power's active participation and success in the auction underscore the private sector's keen interest in expanding India's renewable energy capacity. The projects resulting from this bid are anticipated to significantly support Maharashtra's renewable energy targets, reducing reliance on traditional power sources and promoting a greener future.
Torrent Power's upcoming projects in Maharashtra will focus on establishing ISTS-connected solar and wind power facilities. The company will oversee the design, engineering, procurement, supply, construction, operation, and maintenance of these projects, showcasing its comprehensive approach to renewable energy development.
SECI's ISTS program, under which the auction took place, reflects the government's ongoing efforts to promote clean energy generation and facilitate its transmission across different states. Torrent Power's triumph positions it as a key player in enhancing the renewable energy landscape in Maharashtra, contributing to the state's sustainability goals.
India's dedication to increasing the proportion of renewable energy in its energy mix is evident through initiatives like ISTS-connected projects. These projects play a vital role in efficiently transmitting renewable power from regions abundant in resources to areas with high electricity demand, ensuring a balanced energy distribution.
Torrent Power's active participation and success in the auction underscore the private sector's keen interest in expanding India's renewable energy capacity. The projects resulting from this bid are anticipated to significantly support Maharashtra's renewable energy targets, reducing reliance on traditional power sources and promoting a greener future.