Hidden costs of renewable power in compulsory purchases of RE for discoms

Synopsis: As India is pushing towards its renewable energy target, it also needs to look at the way the new capacity is being added and the existing power purchase mechanisms. Introduction India’s renewable power programme, with tariff bids for solar power hitting new lows every few months, is coming up at the cost of thermal power. The idea… Continue reading Hidden costs of renewable power in compulsory purchases of RE for discoms