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DRP News Bulletin 03 April 2017 (India: Power Surplus & Exporter, With Record Solar & Wind Generation Trend, Need Not Push Destructive Hydro Projects)

Power surplus, power exporter India, with record solar& wind wind generation trend, why push more destructive hydro projects According to power ministry statement on March 29, 2017, India for the first time became NET EXPORTER OF ELECTRICITY during 2016-17, it exported 4% more power during last 11 months (April-Feb), that what it imported from Bhutan. At the same time, power plants, on a national average, are opera ting at roughly 60%, down from nearly 65% in 2014-15.

Meanwhile, the Cabinet Committee on Economic Affairs has approved the amendments in the Mega Power Policy to push 31 GW stuck projects entailing an investment of Rs 1.5 lakh crore. The stuck projects in mega power policy include hydro projects of above 350 Mw in designated states (J&K and eight NE states) and above 500 Mw in other states.

Amid this, New and Renewable Energy Ministry has added over 5400 Mw wind energy capacity in 2016-17 against the target of 4000 Mw. This year’s achievement surpassed the previous higher capacity addition of 3.423 Mw achieved in the previous year. The leading States in the wind power capacity addition during 2016-17 are Andhra 2190 Mw, followed by Gujarat 1275 Mw and Karnataka 882 Mw.

In the last couple of years, India has not only seen record low tariffs for solar power but wind power too has seen a significant drop in tariffs. The onshore wind power potential alone is about 302 Gw. Preliminary estimates show the Gujarat coastline has the potential to generate around 106,000 Mw of offshore wind energy and Tamil Nadu about 60,000 Mw.

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