Tag: solar power

UP energy regulator slashes solar tariffs, approves bidding for 550 mw

UPERC sets new benchmark in lowest solar power tariffs in the state

Current Affairs :-The Uttar Pradesh Electricity Regulatory Commission (UPERC) has cut sun powered power levies to a record low of almost Rs 3 for every unit, as it cleared focused offering for obtainment of 550 megawatt (mw) by state utilities. The affirmed levies go from Rs 3.02 per unit to Rs 3.08 per unit, which positions among the most reduced power acquisition cost endorsed by the vitality controller for sun oriented tasks.

The request was passed by the controller on an appeal recorded together by UP Power Corporation Limited (UPPCL), UP New and Renewable Energy Development Agency (UPNEDA) and Noida Power Company Limited (NPCL). The limit of affirmed sun oriented activities for their acquirement ranges from 25 mw to 100 mw.

With the new request, the UPERC endorsed tax and power buy understandings (PPA) for acquirement of 500 mw by UPPCL and other state possessed power appropriation organizations (discoms), aside from 50 mw by NPCL.

As per UPERC, while lower duties for sun based power would decrease the general power buy cost of the discoms, it would help UPPCL in gathering its Renewable Purchase Obligation (RPO) and the state in tackling the capability of sun based power.

Prior this month, the Commission, while discarding another appeal recorded together by UPPCL/discoms and UPNEDA, had fixed sun oriented power levy of Rs 3.17 per unit to Rs 3.23 per unit for the acquirement of 500 mw through aggressive offering process. The limit of the endorsed sun oriented activities went between 20 mw and 140 mw.

An official statement of UPERC said progressive decrease in sunlight based power taxes in the state to the present degree of roughly Rs 3 to Rs 3.23 per unit would “essentially improve the sun based portfolio bushel of the licensees at a very practical cost. This will help the licensees in a major manner to accomplish their RPO direction.”

A month ago, the state had cleared the proposition of sustainable power source majors ReNew Power and Shapoorji Pallonji to on the whole put about Rs 750 crore in a 150 mw drifting sun based power venture in UP. The task would come up at the current Rihand hydro power undertaking of UP Jal Vidyut Nigam Limited (UPJVNL) in Sonbhadra locale.

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How one billionaire kept three nations hooked on coal for decades

The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger

Current Affairs:-The huge, undiscovered coal hold in northeastern Australia had for quite a long time been the object of want for the Indian modern monster Adani.

In June, when the Australian experts allowed the organization endorsement to concentrate coal from the save, they weren’t simply remunerating its campaigning and politicking, they were likewise opening the entryway for Adani to understand its fabulous arrangement for a coal store network that stretches crosswise over three nations.

Coal from the Australian activity, known as the Carmichael venture, would be moved to India, where the organization is building another power plant for almost $2 billion to create power. That power would be sold nearby in Bangladesh.

Adani’s triumph in Australia guaranteed that coal will stay woven into the economy and lives of those three nations, which together have a fourth of the planet’s populace, for quite a long time, if not decades. This, regardless of alerts by researchers that lessening coal consuming is critical to fighting off the most heartbreaking impacts of environmental change.

The account of Adani and its Australian task represents why the world continues consuming coal in spite of its significant threat — and regardless of falling costs for alternatives like flammable gas, wind and sun powered.

Coal is in soak decrease in wealthier nations, including the United States and crosswise over Western Europe, for the most part in view of rivalry from those elective vitality sources. Be that as it may, in Asia, interest for coal, the primary wellspring of vitality, is developing. That is on the grounds that it is copious, the hunger is gigantic and the choices are less.

Government backing is additionally key to coal’s survival. Appropriations for coal-terminated power plants have almost significantly increased as of late in the Group of 20 nations, as per an investigation by the Overseas Development Institute and two different gatherings. In rich nations, that is kept coal in a coma. In creating nations, it means coal keeps on flourishing.

The $14 billion Adani Group — a rambling combination with interests in vitality, agribusiness, land and barrier, among different parts — utilized both business astuteness and legislative issues to understand its arrangement, tying down liberal help from the Indian government to construct its most recent coal-terminated power plant.

The organization’s author, Gautam Adani, says analysis of coal use is uncalled for. “India doesn’t have a decision,” he said in an ongoing meeting at organization base camp in Ahmedabad, India. Refering to the reasonableness and unwavering quality of coal, he said it was vital to sustaining the vitality requests of enormous creating nations.

Also, Mr. Adani stated, “country building” was a piece of his business reasoning. At the core of that, he stated, was the topic of “how to make India vitality secure.”

Despite whether India has a decision about coal, Mr. Adani’s domain of mines, load ships, ports and power plants depends intensely on it. What’s more, he has contributed colossal exertion to ensure coal won’t leave at any point in the near future.

“This is the last heave of the non-renewable energy source industry and they’re exploiting all the political capital they need to dive in,” said Rachel Cleetus, open strategy executive for the Union of Concerned Scientists. “In the interim, we are seeing atmosphere impacts now.”

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