Nagpur: Power consumers in Maharashtra are going to face another steep hike in electricity rates due to high cost of procurement of smart meters on part - Nagpur News
Unlocking the value of renewable energy assets through InVITs in India
Tata Power plans to launch first RE InVITs in the country, NTPC too is considering it: What does it mean for investors?
Radha Krishna Tripathy | January 13, 2021
(GN Photo)
India has been witnessing a sluggish demand growth for power amidst COVID-19. It has affected both thermal as well as renewable energy (RE) sector. While thermal sector (coal) plant load factor (PLF) is coming down continuously amidst no new generation building up, renewable energy held its ground through several government measures despite no new appetite shown by the distribution companies. The pipeline is constantly building up for renewable energy assets through new bidding by SECI (Solar Energy Corporation of India) and NTPC (National Thermal Power Corporation). The policy push to support renewable energy by providing it the most run status helps in building momentum for the investors.