Neeraj Nanda, President-South Asia (T&D, Solar), KEC International speaks to INFRASTRUCTURE TODAY in length about the potentials in India's transmission sector. He also advices DISCOMs to enhance their willingness and preparedness to adopt and drive renewable energy.
Tag: RPO
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India traded 251,000 Renewable Energy Certificates in December 2016
A total of 2.51 lakh renewable energy certificates (RECs) were traded in December, power exchange IEX has said. ´A total of 2.51 lakh RECs were traded in the REC trading session held on 28th December, 2016 at IEX,´ it said.
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Percentage of RE in power generation
As per information from the Central Electricity Authority, the percentage share of renewable energy in total power generation increased from 4.97 per cent in 2012-13 to about 5.7 per cent by February 2016.
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Discoms default on renewable power
Though over two and a half years have passed since the Delhi Electricity Regulatory Commission (DERC)
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Lack of priority sector lending for RE is an issue
The Indian government has successfully launched several policy instruments, which have enhanced the viability and bankability of RE projects.
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We are planning to formulate a Renewable Energy Act
We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the country´s movement towards renewable energy.
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Renewable: More NPAs?
Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.
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Renewable: More NPAs?
Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.