My Authors
Read all threads
Great event and panel put together by @livemint @UtpalBhaskar converging diverse views from financing, #fossilfuel generation, #energytransition #technology and business operations in the #electricity value-chain! 1/n
As Power Minsiter @RajKSinghIndia rightly said, problems of capacity and #energyaccess has been solved, and the next problem to be solved is reducing #India's #carbonfootprint - #electrification of #mobility and #cooking is one pathway.
Increasing domestic and international demand for #electricity will lead to more #RenewableEnergy capacity installation; new connections and usage will ⬆️domestic demand, integration & #export (neighbors inc #Myanmar #SriLanka) will ⬆️cross-border demand, which India can supply.
Although there are immediate and long-term issues in going beyond current capacity; #coronavirusus has disrupted #solar #module shipments from #China (accounts for 90% of procurement by developers in 🇮🇳) @pfclindia Chairman hinted at relaxed CoD time guideline for developers.
#Land is becoming a major constraint; after socializing of transmission costs; several State Govts not showing interest in leasing land for #solar #wind projects with jacking up prices for land sale and lease. Leanders restrict land price to 5% of project cost 4 feasibility cals.
Role of #naturalgas in #EnergyTransition revealed diversity of views about gas price and #storage price projections and feasibility of both as combination technology for larger share of #RenewableEnergy integration into the #grid. @SECI concluded one such auction recently.
@debasish_mishra talked of #naturalgas combined with #solar wind (hybrid) out competing #energystorage till prices for #Batteries are ⬆️$100/kWh, and @rejipillai projects prices to drop to $50/kWh by FY25! Current prices for #batterypacks are upwards of $150/kWh.
Another persistent long-term issue is the financial feability of Discoms - 🐘 in the room! @pfclindia Chairman gave some details of the new scheme (ADITYA) under consideration; may include mandatory DBT (direct cash transfer) of #subsidy to #electricity consumers! HUGE step.
and replacement of all existing faulty meters with pre-paid #smartmeters; choice for increasing #competition in supply via full privatization or franchisee route. In any event, no more disbursal of loans from @pfclindia in case of Discomfort not meeting improvement trajectory.
Bringing financial discipline in the sector (from consumers, up to the utilities and suppliers) is a MAJOR challenge; and as @UtpalBhaskar summed it up, a political problem rather than a technical/financial problem. n/n
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Rasika Athawale

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!