News Renewable Energy

Centre’s plan on sale of RE power to states offers only a flickering hope


The power ministry’s plan to become an intermediary in the sale of green power generation to states is only a limited solution to the larger problem facing state discoms

Topics

Discoms | Power discoms | renewable energy


Last week, when 27 cash-strapped state-owned distribution companies, or discoms were barred from the power exchanges, it starkly highlighted the rising scale of risks in the Indian power sector. The demand for power has shot up but states are unwilling to make consumers pay the actual costs of power. The risks have now spread to the renewable energy (RE) generation too, as an order issued by the Union power ministry makes clear. Both the steps also risk pressuring Centre-state relations since they cut down the wiggle room for the discoms drastically.



TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS


What you get on Business Standard Premium?


OR







Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



First Published: Sun, August 21 2022. 17:09 IST





Source link