To bring down long-term power prices, Centre may offer combination of solar and thermal power

The Ministry of New and Renewable Energy (MNRE) is exploring the possibility of offering a combination of solar and thermal power to push more solar power into the grid and bring down long-term power prices.

According to Deepak Amitabh, Chairman & Managing Director, PTC India, the move is aimed at making stressed thermal assets more viable and enhance solar power production in the country.

“Discussions are taking place under MNRE and we are all sitting with the Ministry to evolve the product. We have to involve the Central Electricity Authority, the regulators, buyers and users. So it takes two-to-three months time,” Amitabh told newspersons on the sidelines of an environment and energy conclave organised by the Bengal Chamber of Commerce and Industry here on Thursday.