Government extends waiver of ISTS charges for solar, wind developers
POWER & RENEWABLE ENERGY

Government extends waiver of ISTS charges for solar, wind developers

The Ministry of Power has announced that the inter-state transmission system (ISTS) charges waiver will be extended until June 30, 2025, for solar and wind energy projects that have been completed.The waiver only applies to ISTS charges, not losses, and the order takes effect right away. The mi...

The Ministry of Power has announced that the inter-state transmission system (ISTS) charges waiver will be extended until June 30, 2025, for solar and wind energy projects that have been completed.The waiver only applies to ISTS charges, not losses, and the order takes effect right away. The ministry waived ISTS charges and losses on all solar and wind projects completed before June 30, 2023, in August 2020. Pumped hydro storage projects and battery energy storage systems (BESS) that are completed by June 30, 2025, are also eligible for the waiver, provided they meet the requirements. According to the terms, solar and or wind power must meet at least 70 per cent of the annual electricity requirement for pumping water in the pumped hydropower project.Contact: Ministry of Power.Website: www.powermin.gov.in

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Infrastructure Urban

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

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Infrastructure Urban

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

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Infrastructure Urban

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..

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