Adverse policies hinder wind energy investments in TN
Tamil Nadu is losing out on the one viable opportunity to tackle the prevailing power shortage – increasing wind energy generation, by its adverse policies, according to Ramesh Kymal, Chairman, Indian Wind Turbine Manufacturer’s Association.
In an interaction with the Hindu group of publications, he said the recent tariff fixed by the Tamil Nadu Electricity Regulatory Authority has made investments in wind energy generation unviable. A meagre hike in tariff, the price the Tamil Nadu Electricity Board, the public sector utility pays power producers, has been offset by a hike in charges.
Investors have lost interest in setting up wind power generation capacity in Tamil Nadu as the charge, dubbed cross-subsidy charge of about Rs 1.30 per kWhr, makes investments in wind project unviable, according to Kymal…..