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Budget wishlist: Here're the key challenges for renewable energy sector

The amount overdue from discoms to RE generators has increased from Rs 13,761 crore in March 2021 to Rs 19,341 crore in December 2021

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Some states have recently asked project developers to renegotiate the tariff discovered through bidding and as agreed in the power purchase agreement for RE

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2 min read Last Updated : Jan 17 2022 | 6:04 AM IST

KEY DEVELOPMENTS

Production-linked incentive (PLI) schemes:

Solar cell and solar module manufacturing: The PLI scheme with a financial outlay of Rs 4,500 crore for manufacturing of ‘High Efficiency Solar PV Modules’ witnessed an overwhelming response and received proposals to setup 54.8GW of manufacturing capacity.
Advanced chemistry cell (ACC) battery manufacturing: In May 2021, govt approved PLI scheme for manufacturing of 50GWh ACC batteries with an estimated outlay of Rs 18,100 crore for 5 years, starting from the date of manufacturing.
Mandate to deploy biomass in coal fired power plants: The Ministry of Power has issued a mandate to coal fired power plants to

Topics : Budget 2022 energy sector Budget Union Budget Ministry of Power

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