Sanjiv Nandan Sahai, IAS, Secretary, Ministry of Power, has recently said that India has already attained the status of “One Nation, One Grid, One Frequency”, and that there are now no constraints in inter-regional transfer of power.
Sahai, while deliberating on the Amendments to the Electricity Acts said that the Consumer/Prosumer is at the heart of renewable energy power generation. Towards this end, amendments are being considered to the Electricity legislations which will recognise the right of the consumer to get good quality power at reasonable rates. For the renewable energy sector, the “prosumers” will be allowed to set up roof-top solar units up to their sanctioned loads.
Speaking at a webinar organised by PHD Chamber of Commerce and Industry on ‘Innovations in Renewable Energy’, the Powermin Secretary also mentioned how the Long-term PPAs lie at the heart of all renewable energy contracts. “Of late the Discoms, which are themselves financially stressed, look for escape routes when they see the renewable energy prices falling every day.”
He further informed that a ‘Liquidity Scheme for the Power Sector’ with an outlay of Rs 1,20,000 crore has been started under the Aatmanirbhar Bharat Scheme to prevent any crisis of confidence in this sector.