Solar tariffs in India fell to yet another record low of Rs 3.15 per unit at the NTPC-conducted auction of 250 MW at the Kadapa Solar Park in Andhra Pradesh. The earlier record of Rs. 3.30 per unit levelised tariff for Rewa Ultra Mega Solar Power Project in Madhya Pradesh has been broken.
Initiatives to improve coal quality and efficiency in the supply chain have brought down the cost of power from coal-fired plants in spite of revisions in coal prices, central cess and railway freight in the last three years. According to Government data, power stations are now burning 8% less coal than they used to three years ago for each unit of electricity.
The summer of 2017 may not prove as uncomfortable for electricity consumers across India as the season in previous years, thanks to surplus power generation capacity, adequate coal stocks and improved purchasing ability of distribution companies..
A Memorandum of Understanding (MoU) was signed between the Uttar Pradesh Government and Centre on “Power for all” scheme. The MoU was signed to maintain 24 –hour power supply in the State. UP was the only State in the country which had not signed the scheme aimed at providing power to all.
India added 5,525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12,288 MW. Among states, Andhra Pradesh tops the chart with largest cumulative solar generation capacity of 1,867 MW as on March 31, 2017 followed by Rajasthan and Tamil Nadu at 1,812 MW and 1,691 MW respectively.
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