Business Standard

IPPAI seeks govt intervention in backdown by TN, Raj discoms

Image

Press Trust of India Panji
Expressing concern over Tamil Nadu and Rajasthan curtailing supply from solar plants, power producers' body IPPAI has sought government's intervention to address the issues faced by discoms.

"Even as the government is taking various steps to increase power generation from solar, generators are facing many issues especially in the backdrop of states like Tamil Nadu and Rajasthan discoms curtailing solar power generation and also issuing backing down instructions," Independent Power Producers Association of India (IPPAI) President Harry Dhaul said at the 17th Regulators and Policymakers Retreat (RPR).

Considering the importance of renewable energy, the discoms must not be asked to back down or terminate supply, he added.
 

"We are hopeful regulators are able to impress the states to continue with adoption of renewable energy," he said.

Both Tamil Nadu and Rajasthan have backed down their commitment towards green power sources as they claim they have already made lot of provisions for it.

Speaking at the event, Hindustan Clean Energy Chief Executive Rajya Ghei said, "There is an urgent need to bring in new debt instruments to reduce the cost of raising capital for setting up solar projects, especially when the government has set an ambitious renewable energy target of 175 GW by 2022, of which 100 GW is for solar power."

He further said solar tariffs have been falling on year-on-year basis and are now becoming competitive compared to conventional energy sources. This has brought in lot of acceptance from discoms towards green power.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 24 2016 | 8:42 PM IST

Explore News