Policy & Govt

Draft Policy Suggests ‘Reverse Bundling’ For Round-The-Clock Power Supply

The Ministry of New and Renewable Energy has proposed a draft policy for the supply of round-the-clock power to distributors through a mix of renewable energy and electricity generated in coal-based thermal power plants.

Addressing issues of intermittency, limited hours of supply and low capacity utilisation of transmission infrastructure, the draft power policy provides for ‘reverse bundling’— high-cost thermal power clubbed with cheaper renewable energy.

A power generating firm will have to supply electricity that consists of at least 51 percent of renewable energy and the rest drawn from thermal sources. The generator will supply renewable energy complemented with thermal power in round-the-clock manner, keeping at least 80 percent availability on an annual basis, the draft said.

“The main objective of the scheme is to provide round-the-clock power to the discoms through bundling of renewable power with thermal power and to scale up renewable capacity additions.

It will also facilitate fulfilment of renewable purchase obligation requirement of the obligated entities,” the ministry said, inviting comments from stakeholders on the new policy.

Source
bloombergquint
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