THE CENTRE is set to come up with rules to pool solar tariffs and is also aiming to increase bundling of renewable energy (RE) in existing thermal Power Purchase Agreements (PPAs) to boost the procurement of green energy, Power Secretary Alok Kumar told The Indian Express. The government is aiming to boost installed RE capacity to 500 GW by 2030.
“ The intention is to have a pool, in which various procurements that are done over a year, two or three years, their tariffs are pooled so that there is no problem that (some tariffs are) 5 paise lower or 5 paise higher,” Kumar said on the issue of discoms (power distribution companies) waiting for solar tariffs to fall further before entering procurement agreements.
