What Threatens the Indian Green Story
The country is witnessing a continuous trend of plummeting energy costs due to consistent decrease in the generation prices of renewable energy. Prices of renewables over the last few years have seen all-time lows, such as Rs 2.44 per unit of solar power and Rs 2.43 per unit of wind power in tariff-based competitive bidding.
Saving India's $2 Billion
Thermal plants are the mainstay of power production, accounting for about 65 per cent of the total electricity generated in India.
Goa department snaps 4,000 connections
The Goa electricity department, in March, disconnected 1,223 connections of both domestic and commercial bill defaulters, some of whom have not cleared their dues for years.
Step in the right direction
While Green Energy Corridor may enhance transmission grid to a greater extent, the evacuation issues faced by the renewable energy segment may not get fully resolved in the near future.
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