As the energy sector moves away from fossil fuels and shifts towards a greater share of renewables and greater electrification, these tax revenues will come under strain.

As the Renewable Energy share in the electricity mix increases steadily, it becomes important to understand the extent and nature of RE specific regulatory matters and litigation in the sector.

2017-18 witnessed impressive growth of renewable energy (RE) in the electricity sector wherein two major milestones were crossed.

Electricity distribution sector is at a cross-road, with rising cost of supply, emergence of competitive renewable supply options, loss of cross-subsidising sales, and sustained high-cost base-load surplus.

In spite of the growth in short term open access (OA), the existing OA framework has not been implemented in the same spirit as envisaged in the Act and is thus is yet to realize its full potential, mainly on account of the resistance from DISCOMs.

Record lows in price discovery for wind power (Rs. 3.46/kWh) and solar PV (Rs. 2.44/kWh) coupled with the highest ever yearly capacity addition of ~11.3 GW of renewables in 2016-17 have compelled even the most ardent sceptics to sit up and take note of renewable energy.

India’s ambitious renewable energy target of 175 GW by 2022 has firmly placed renewables as a mainstream electricity supply option. This has attracted a great deal of attention from diverse stakeholders in India as well as the international community.

India’s ambitious renewable energy target of 175 GW by 2022 has firmly placed renewables as a mainstream electricity supply option. This has attracted a great deal of attention from diverse stakeholders in India as well as the international community.

The 175 GW renewable generation capacity target for 2022 has fundamental implications for electricity grid planning and operations. Renewable energy generation, especially from wind and solar power, is variable in nature, given its dependency on the weather.

Distributed solar photovoltaics (PV) is expected to witness significant growth in India owing to increasing economic viability and a facilitating policy-regulatory framework in most states.

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