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.
Institutionalise generation-based incentives
In an exclusive interview to POWER TODAY, Sanjeev Aggarwal, Managing Director & CEO, Amplus Energy Solutions emphasises that generation-based incentive needs to be institutionalised to boost the solar rooftop segment. Amplus is also proposing a model to discover the value of rooftop solar power.
Remove Pitfalls on Way to Targets
Despite the Centre's thrust to renewable energy, state governments are not an active party to the renewable energy wave. If the Centre and states collaborate, things would be easier for achieving targets.
Sunny days ahead for solar power
Both the state and central governments have created a very positive environment through various subsidies such as waivers on interstate transmission and, banking and wheeling charges for solar projects.
Cloud over Solar Power
India, with more than 14,000 MW of installed solar power capacity, is one of the fastest growing markets in the world. In September 2017, the country crossed 60,000 MW of renewable energy capacity, which includes mainly wind and solar energy.
GoI should ensure a market for investors
Because there is demand due to GoI´s target of 100 GW, many companies are taking interest in solar. But, if manufacturers are unable to compete in terms of pricing, then it is going to become difficult. Whether this goal is achievable, I cannot say that.
Solar has many unique attributes which make it a preferred source of power, particularly in India, a densely populated country with a high energy deficit - where it can be rapidly deployed across most parts of the country, due to its modular nature and by virtue of it being environment friendly.
Amplus Energy offers solar power at Rs.3/unit
In a move that will offer cheapest power from solar rooftop plants, Amplus Energy Solutions has won a bid to install 14.5 MW of solar rooftop plants across 10 states. The tariffs offered are at a record low of Rs.3/unit in Uttarakhand, Himachal Pradesh and Puducherry; and Rs.5.56/unit in other states such as Karnataka, Madhya Pradesh and Maharashtra; while Rajasthan is at Rs.5.38/unit, Haryana at Rs.5.76/unit and Punjab at Rs.6.20/unit.
Own a Powerhouse
The prime minister´s enormous ambition of installing 100 GW (or 100,000 MW) of solar power plants by 2022, in seven years straight, up from just 4 GW today, has set the momentum for solar power generation in India.