How is India's power surplus being underutilised?
Synopsis
Key Takeaways
- India is a power-surplus nation but struggles with energy capacity utilization.
- Pumped Storage Projects (PSPs) are vital for energy storage and management.
- Floating solar projects can mitigate evaporation losses from reservoirs.
- State Governments play a critical role in facilitating energy projects.
- Significant potential exists for expanding PSP capacity in India.
New Delhi, Nov 17 (NationPress) India stands as a power-surplus nation, yet a significant portion of its renewable energy capacity is not fully utilized due to constraints in capacity tie-ups, according to Union Power Minister Manohar Lal Khattar.
During a meeting regarding Pumped Storage Projects (PSPs) with the consultative committee of Members of Parliament held in Pinnapuram, Andhra Pradesh, the minister emphasized the essential function of PSPs in storing surplus green energy and fulfilling electricity demands during periods without solar generation.
He also addressed concerns regarding evaporation losses from PSP reservoirs, proposing the implementation of floating solar power projects as an effective measure.
The minister highlighted the crucial involvement of State Governments in promoting PSP development by ensuring timely site and water allocations, along with swift clearances.
The meeting saw participation from Shripad Yesso Naik, Minister of State for Power, along with consultative committee members from both Lok Sabha and Rajya Sabha, senior officials from the Ministry of Power, and the Central Electricity Authority (CEA).
The Power Minister urged committee members to collaborate with State Governments to consider eliminating charges like Green Energy cess, water tax, and reservoir lease fees to expedite PSP development.
Furthermore, it was revealed that a national PSP potential of approximately 224 GW has been recognized.
According to an official statement, 10 PSPs with a cumulative capacity of around 7 GW are in operation, another 10 PSPs with approximately 12 GW capacity are under construction, and 56 PSPs totaling about 78 GW are at various planning and development stages.
The committee was updated on major policy initiatives from the Government of India aimed at accelerating the development of PSPs.
These initiatives include the release of Guidelines for PSP development, detailing modalities for site allotment, exemptions from free power and Local Area Development Fund obligations, etc., as well as a comprehensive waiver of Inter-State Transmission (ISTS) charges for 25 years for projects awarded by June 30, 2028.