In this new emerging scenario, there is a bigger responsibility to be shared by stake holders involved in the power plant design & engineering, operation & maintenance, renovation & modernization, erection & commissioning, environment management, commercial management, technology provider, product and solution providers, policy maker, regulators and others. These professionals have to work with new set of different challenges and constraints which are known or lesser known at this stage.
Mission Energy Foundation captured the views of the industry form the time of notification till end 2018 and represented them to the Ministry of Power and Ministry of Environment, with several meetings held at the ministerial level and also noted that Central Electricity Regulatory Commission (CERC) regulations allow any capital expenditure to be categorised under “change in law”, ensuring it could be passed on to consumers in the form of higher tariffs. As per projected figures, installation of emission-reducing equipment would necessitate a rise of Rs 0.62-0.93/unit in power tariffs — the average price at which discoms purchase power is Rs 3.5/unit. Since power plants with lower generation costs get to sell their electricity first, producers that raise tariff on account of installation of FGD units would find it more difficult to sell power. The power producers, who account for the second-biggest portion of India’s $150 billion in bad loans after the steel industry, have sought access to the more than $4 billion National Clean Energy Fund to help install cleaner technology.
