The wind energy sector has, as expected, turned in a very poor performance for the year 2018-19, with fresh installations of a paltry 1,481 MW.<\/p>\n
When the industry recorded a high of 5,400 MW in 2016-17, it was expected to scale further heights in the coming years, but expectations have been badly belied.<\/p>\n
Why it happened so, is a question that has been addressed in these columns many times. But to recap, it was due to the single-minded pursuit by the government of lower prices for the wind power sold to electricity distribution companies (discoms).<\/p>\n
Go to the website of the Ministry of New and Renewable Energy (MNRE) and you\u2019ll find the proud proclamation that the tariffs were driven to a record low of Rs. 2.44. The Ministry mindlessly introduced a cap \u2014 Rs. 2.83 a kWhr \u2014 above which energy companies could not quote in the tariff-based competitive bids that have become the norm. Then tenders have been cancelled because the tenderer \u2014 the government \u2014 didn\u2019t like the tariffs it got.<\/p>\n","protected":false},"excerpt":{"rendered":"
The wind energy sector has, as expected, turned in a very poor performance for the year 2018-19, with fresh installations of a paltry 1,481 MW. When the industry recorded a high of 5,400 MW in 2016-17, it was expected to scale further heights in the coming years, but expectations have been badly belied. Why it happened so, is a question that has been addressed in these columns many times. But to recap, it was due to the single-minded pursuit by the government of lower prices for the wind power sold to electricity distribution companies (discoms). Go to the website of […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-270920","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270920"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270920\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}