Dear Friends,
Just read article by Shri Rohit Bajaj in today’s Business Line (https://www.
I thought following might interest you . Inconvenience caused if any, regretted
Regards,
Hemen parekh
From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: 26 October 2021 11:37
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Subject: CONGRATULATIONS : SHRI R K SINGHJI : YOU CAN SAVE INDIA FROM CLIMATE CHANGE : HERE IS HOW
Thank You, Shri R K Singhji : the Green Warrior
Context :
Power Minister unveils the green day-ahead market / Business Line / 26 Oct 2021
Extract :
In a bid to further deepen the electricity trade in India, Power Minister RK Singh on Monday launched the green day-ahead market (GDAM).
The launch will also provide competitive price signals, besides offering an opportunity to the market participants to trade in green energy, in the most transparent, flexible, competitive, and efficient manner, the Power Ministry said in a statement.
“We are opening doors for renewable energy. In this new era of continuous reforms including the launch of GDAM today, any interested party can set up and sell renewable energy,” Singh said during the launch.
“Benefits of free ISTS (inter-State transmission system) will be available for renewable energy and open access will be available within 15 days,” Singh said. He further added that the big industries can go green and the government would make efforts to make business simpler and GDAM is a step in that direction.
“The market-based competitive prices will provide another option to renewable generators to sell power as well as accelerate the renewable capacity addition towards the Government’s vision of building India as a sustainable and efficient energy economy. The distribution utilities would also be able to sell surplus renewable power generated in their area. The obligated entities (distribution licensee, open access consumers and captive power consumers) would also be able to meet the RPO target by directly buying green power from the power exchange(s). The non-obligated entities will be able to buy power on a voluntary basis and help increase the share of green power,” the release said.
The Minister also informed that around ₹16,000 crore has not been paid to Coal India by the State power generating companies. He said that Gencos wouldn’t be able to pay unless and until Discoms pay Gencos for the power supplied to them. As per Singh, the dues of all Gencos excluding States owned are ₹75,000 crore.
My Take :
Dear Shri Singhji,
It is heartening to hear your bold talk of ,
“ In this new era of continuous reforms including the launch of GDAM today, any interested party can
set up and sell renewable energy “
I urge you not to delay the next BOLD REFORM, advocated in my following e-mail :
Ø Not Good Enough ! ………………………………………[ 02 Dec 2017 ]
Extract :
And I hope , it recommends amending Electricity Act whereby ,
Anyone can generate and SELL electricity , anytime and to anyone and at any price !
For reaching the target of 100 GW of Solar power generation by Nov 2022, we need to install 1.5 GW capacity EVERY MONTH for the next 60 month ( remaining 85 GW after current installations totalling 15 GW )
That would require an investment of Rs 10,000 Crore per month , every month for the next 60 months ! ( @ One Billion dollars per GW )
Part of this investment will have to come from Roof Top Solar projects , to be set up by :
· An Individual home-owner ( who may also want to sell surplus power to a neighbour )
· A Coop Housing Society wanting its huge unutilized terrace to produce solar power, for its members
· A Business which will install these roof-tops at its own cost and is allowed to sell power to the residents
of a building
. Millions of unemployed rural youth wanting to set themselves up in the “ Solar Electricity Selling “
business , with a small investment of Rs 25,000/ - and recharging :
300 Watt HANS Solar PowerPacks with HANS Solar Briefcase
https://www.youtube.
Surely , our Policy Makers cannot be unaware of the following benefits to millions of rural youths
generating / consuming ( and , even “ selling “ ) solar power :
# No need to erect /maintain miles of transmission lines to those huts
# No need to install and monitor Electricity ( Smart ) Meters
# No need to collect monthly payments for the power consumed
# In fact , no need to PRODUCE coal-based power elsewhere , in the first place
# No pollution due to power from coal-based power plants
# No need to dig or import expensive coal / or worry about low plant-load factor
# No need to worry about power thefts / transmission losses !
# No load shedding ( so common in rural areas ) for “ non-payment of bills / low consumption “
# No need to worry about PEAK / LEAN load periods
# No need to keep Subsidizing Power for ever
Please, liberate our rural youth from the tyranny of this hundred year old “ Electricity Act “ !
==============================
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 26 Oct 2021
Related Readings :
Treading ( gently ) on Solar Power Trading…………………… .[ 18 Oct 2021 ]
No Godfather for Rooftop Solar ? ……………………………………..[ 01 June 2021 ]
Market-based Model for Renewable Energy ………………………[ 09 June 2021 ]
Congratulations , Shri R K Singhji …………………………………….[ 19 Nov 2020 ]
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