{"id":368999,"date":"2020-08-21T10:14:15","date_gmt":"2020-08-21T04:44:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368999"},"modified":"2020-08-21T10:14:15","modified_gmt":"2020-08-21T04:44:15","slug":"discoms-leave-16-8gw-green-power-projects-in-a-limbo-as-tariffs-crash","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/discoms-leave-16-8gw-green-power-projects-in-a-limbo-as-tariffs-crash\/","title":{"rendered":"Discoms leave 16.8GW green power projects in a limbo as tariffs crash"},"content":{"rendered":"<p>State electricity distribution companies (discoms) are hesitating to sign contracts after large clean power projects were awarded, as they spot cheaper tariffs elsewhere, a trend that could hurt India\u2019s image of a rules-based regime, and its future as a green economy.<\/p>\n<p>Solar and wind energy projects totalling 16.8 gigawatts (GW) worth a potential investment of around \u20b960,000 crore are in limbo, two people aware of the development said, as steadily falling tariffs prompt cash-strapped discoms to shop for cheaper rates.<\/p>\n<p>Discoms typically sign power supply agreements (PSAs) with intermediary procurers such as state-run Solar Energy Corp. of India (SECI), which in turn sign power purchase agreements (PPAs) with project developers. States\u2019 reluctance to sign PSAs is now leading to a further delay in signing PPAs. India\u2019s solar power tariffs hit a record low of \u20b92.36 per unit at a SECI auction in June.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State electricity distribution companies (discoms) are hesitating to sign contracts after large clean power projects were awarded, as they spot cheaper tariffs elsewhere, a trend that could hurt India\u2019s image of a rules-based regime, and its future as a green economy. Solar and wind energy projects totalling 16.8 gigawatts (GW) worth a potential investment of around \u20b960,000 crore are in limbo, two people aware of the development said, as steadily falling tariffs prompt cash-strapped discoms to shop for cheaper rates. Discoms typically sign power supply agreements (PSAs) with intermediary procurers such as state-run Solar Energy Corp. of India (SECI), which [&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-368999","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\/368999","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=368999"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368999\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}