Union power minister RK Singh has said electricity demand is expected to grow manifold but coal supply remains an area of concern. In an interview to ET, he spoke about allowing the cost of imported coal to be passed on to consumers and kick-starting combined PPA auctions for thermal and solar power.
While stakeholders believe that aggressive solar bids may lead to non-performing assets in the renewable energy sector, Singh disagreed that solar power tariffs were aggressive, saying they were submitted by businessmen after calculations. Edited excerpts.
As power demand grows with schemes such as Saubhagya, what is the biggest challenge you see in meeting demand?
Coal supply is a challenge. Supply to power stations compared with last year has increased almost 6-7%. But the problem is —actually, I am happy to share this — the power demand is increasing much faster. Read More
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