Giving Teeth to India-s Wind-Solar Hybrid Policy
Although the industry has generally welcomed the newly-enunciated Wind-Solar Hybrid Policy, review of its certain aspects may be necessitated on the back of some serious concerns
Another power supplement!
There is no doubt that the power sector is ailing. Although state DISCOMs have managed to leverage UDAY by paring financial losses from Rs 515 billion in FY16 to Rs 348 billion in FY17, a marginal decrease in AT&C losses seems to be the bone of contention, as what has been envisaged has not been achieved yet, except bailing-out nonperformers.
We have an order book of 4-mn smart meters
Yes of course! Energy Efficiency Services (EESL)'s procurement of smart meters have already started pushing down the cost. In November-December, last year, EESL has come out with a large tender, and I remember, an announcement of 14 per cent lower pricing than the earlier tenders.
Uday is just another scheme
We have been in electrification since 1961. Till today, we have electrified more than 14 per cent of the entire network of Indian Railways. For the current financial year, we will be completing around 1,000 km of railway electrification by March-end.
India must revamp existing transmission lines
We have taken a big leap from the previous year's Elecrama wherein we displayed innovative solution for transmission, sub transmission and distribution-both for overhead and underground.
UDAY will take 4-5 years to turnaround power discoms
The growth in power demand accelerated significantly in the current financial year. UDAY is certainly a key contributor to this because the immediate savings in cost (the restructuring plan, on an estimated basis, reduced interest costs by as much as 47 paise per kWh), allowed utilities to maintain tariffs at lower levels, thus attracting more marginal consumers.
Brightening up Households
Uninterrupted and quality power supply is a precursor to economic development for any country. Electricity transforms people's lives and spurs them towards a better future.
Turning New Leaf
By now, you might have turned a new page of the new calendar. After shedding the New Year hangover, it is time to recall what has happened over 2017, so we can lay a roadmap for what we have to do to light up people's lives in the New Year, mainly through 'quality 24x7 power for all' as the government has envisaged.