CERC has ordered renewable companies

India has asked renewable energy companies to either give up transmission rights or provide higher bank guarantees if they fail to generate power, as the country looks to free up grid capacity for projects that are actually producing power, according to a regulatory order.

A July 11 order of the Central Electricity Regulatory Commission said companies can also transfer transmission rights to their group utility that are generating but do not have connectivity to the grid.

CERC said substantial amounts of renewable energy capacity have been provided to power producers between 2019-2025, but much of it does not yet have customers.

As a result, transmission access is being captured by projects that cannot proceed, and CERC believes that approximately 15.7 GW of this connectivity could be released to other developers.

CERC said power producers can also retain transmission connectivity, provide additional bank guarantees, but develop the power project independently.

​Surrendered connectivity will first be offered to existing applicants in the same substation cluster and any remaining capacity will be auctioned.

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