New Delhi, March 22. Central Electricity Authority, visualises to reduce the share of coal based thermal power generation capacity to around 32 % in the energy mix by 2030, as against the present share of 52 %, said union minister for power and new and renewable energy R. K Singh. He revealed this in a written reply in Rajya Sabha today.
The retail consumer tariffs are determined by the respective state regulators keeping in view several prudent costs including the cost of power. With the increased large-scale integration of renewable power in the electricity sector, the costs of renewable power have reduced considerably and the lowest discovered tariff for solar power has been Rs 1.99 per unit which is less than energy charge of many coal-based power plants.
Government has also issued a scheme of bundling renewable power with thermal and hydro projects. This will also reduce the overall cost of power for the consumers.
Government is also extending grant assistance for construction of Green Energy Corridors, and for solarization of agriculture feeders/pump sets under KUSUM Scheme.
