Don't think we can write off conventional power quickly: Siemens India CEO

The new procurement policy creates a level playing field & is in sync with the Make in India scheme

In a chat with Hamsini Karthik, Siemens India managing director and chief executive Sunil Mathur said it is early to say if solar power is sustainable at current rates. The challenge, according to him, is how well renewables feed into the grid. Edited excerpts:

There has been reasonable progress in power sector reforms, pricing policy, etc. 

Government’s focus is on renewable of late. For us, the merger with Gamesa at a global level is helping us in India as well. Gamesa is a market leader in wind energy. On the conventional side, there are about 186 gigawatts of coal-fired power