Wind-solar hybrid is a winning combo
Throw some light on the major challenges faced by the wind segment.
For the wind segment, bidding was a completely new arena. When bids were introduced, the industry was not mature enough to quote the right tariffs or measure the risks. As a result, the initial bids faced multiple challenges.
Logistics clouding coal
Though weak logistics support and lack of preparedness of power plants are to be blamed for the recent coal shortage at power plants, the crisis could have been avoided with better co-ordination among stakeholders.
Blackouts under control
Just think of power going off while an important surgery is taking place in a hospital and it will not get back for a day or two. The kind of disruption an electricity blackout arising from grid collapse can cause is enormous for different people at various places. Grid collapse is the worst-case scenario for any transmission utility too.
Ushering in a level playing field
Going by the terminology of economics, it can be said that restructuring of the electricity market has helped in abolishing the monopoly in the generation and transmission sectors and has brought in competition at various levels of market.
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