Animesh Damani, Managing Partner, Artha Energy Resources speaks about how renewable energy investors in the country are being squeezed because of non-payment of dues by discoms.
Growing trend is switching from long term PPAs to short term contracts
We have already seen an increase in appetite for short term power from the utilities following the financial leeway brought about by the debt restructuring. Over the long term, sustained improvement in distribution operations as envisaged under UDAY, could bring significant improvement.
Renewable capacity addition catches up with thermal power in India
Energy transformation has arrived in India. According to the Ministry of New and Renewable Energy (MNRE), India’s total renewable capacity including solar, wind, biomass and small hydro grew by around 11.2 GW in FY2016-17, at par with thermal capacity addition, which registered a decline of 50 per cent in the year.
Leaps and Bounds
Transmission and distribution (T&D) losses, Aggregate Transmission and Commercial losses (AT&C), quality of power and fluctuation in power supply are some of the major challenges faced by Indian power utilities. This is despite not overlooking the fact that in the last decade, the country witnessed sizeable improvement in quality of power, especially in urban and semi-urban areas.
The Power Retreat
The 17th Regulators and Policymakers Retreat, organised by IPPAI, witnessed a power-packed opening session where not only representatives from the power sector, but railways, roads, waterways and shipping gathered on the same platform at the Lalit Golf and Spa Resort in Goa, to address a common question
AP to issue securities worth Rs.8,256 crore under UDAY
The Andhra Pradesh government has proposed issuance of special securities worth Rs.8,256.01 crore under the UDAY scheme. The securities will have a face value of Rs.100 issued in equal strips with a maturity at the end of 10th, 11th, 12th, 13th, 14th and 15th year, the RBI said in a statement.
Energy Demand Growth | India vs China
China and India, together, have made the largest contribution to the global incremental energy demand for last several years and they are expected to do the same for next several years.
Power Tariff Policy to change things for the better
While exact numbers and figures will be hard to come by, for long Indian power producers have suffered great losses due to idle capacity. The recently enacted Power Tariff Policy has, however, brought relief to the industry.