Compensation for grid curtailment to benefit renewable sector: India Ratings

Compensation for grid curtailment to benefit renewable sector: India Ratings

The Centre’s proposed compensation mechanism for existing renewable energy projects will protect the cash flows to an extent from grid curtailments and will also ensure a favourable operational environment for renewables sector, said India Ratings.

“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” the ratings agency said in a statement here. Read more

Credits:economictimes.indiatimes.com

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