{"id":291215,"date":"2019-09-11T07:26:33","date_gmt":"2019-09-11T07:26:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291215"},"modified":"2019-09-11T07:26:33","modified_gmt":"2019-09-11T07:26:33","slug":"opinion-high-cost-variable-renewable-energy-cause-for-the-crisis-in-state","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-high-cost-variable-renewable-energy-cause-for-the-crisis-in-state\/","title":{"rendered":"Opinion | High-cost variable renewable energy cause for the crisis in state"},"content":{"rendered":"<p>Andhra Pradesh, which has high potential for variable renewable energy (VRE), or wind and solar power, was born as an energy-surplus state in 2014, and will remain so till 2023-24. Today, AP has the second largest installed VRE capacity of about 7,500MW at \u20b94.7 per unit. This high-cost VRE is contracted by discoms, not out of considerations of providing cheap power to the rural areas, industry and services, as envisaged in our National Electricity Policy, but because of government directions.<\/p>\n<p>Since July 2018, discoms could not borrow from banks to pay generators because their working capital loan limits were reached. Today, unpaid power generator dues stand at about \u20b920,000 crore and opex loans raised to settle power bills stand at \u20b910,300 crore. Renewable Energy Certificates (REC) sales don\u2019t recover more than \u20b9300 crore a year, and an additional \u20b97 crore per day is incurred for surplus VRE purchases on account of government directions\/policies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andhra Pradesh, which has high potential for variable renewable energy (VRE), or wind and solar power, was born as an energy-surplus state in 2014, and will remain so till 2023-24. Today, AP has the second largest installed VRE capacity of about 7,500MW at \u20b94.7 per unit. This high-cost VRE is contracted by discoms, not out of considerations of providing cheap power to the rural areas, industry and services, as envisaged in our National Electricity Policy, but because of government directions. Since July 2018, discoms could not borrow from banks to pay generators because their working capital loan limits were reached. [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-291215","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291215","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291215"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291215\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}