India has committed to ambitious targets before the world in the context of renewable energy. Many felt that India was punching far above its weight. Solar projects set up in India have been largely on account of the creditable efforts of Central Public Sector Undertakings (CPSUs) — Solar Energy Corporation of India (SECI) and NTPC. In setting up solar projects, the role of states has been largely limited to arranging the land. The same structure was conceptualized for a 750 MW solar project planned in Rewa in eastern Madhya Pradesh. Rewa Ultra Mega Solar Ltd (RUMSL) was set up as a 50:50 joint venture of SECI and MP government organizations with a rather limited mandate.
The prevailing solar tariffs at that time were over Rs 5/ unit. The Central Government used to offer Viability Gap Funding (VGF) so that distribution company (DISCOMs) could procure solar power at Rs 5/unit. Bidding used to be on VGF and the developer seeking the minimum VGF was awarded the project.
It is in this setting that Manu Srivastava, 1991 batch IAS officer, stepped in as Principal Secretary of Renewable Energy Department in GOMP. Part of his responsibility was to form and head RUMSL. As an electrical engineer from IIT-Delhi, Manu had spent the last eight years in the energy sector — five in natural gas and three in electricity.
هذه القصة مأخوذة من طبعة September 02, 2021 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 02, 2021 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
TOP 5 INDIAN SERIES YOU SHOULDN'T MISS
LOOKING BACK AT 2024
SENSE AND SENSIBILITY
There's a whole tribe out there who refuses to subscribe to resolutions
Sharad calls Sanjay Leela Bhansali a 'demanding director'
Filmmaker Sanjay Leela Bhansali is known for his attention to detail and fiery on-set personality. Sharad Kelkar, who played a negative role in Bhansali's 'Goliyon Ki Rasleela: Ram-Leela,' opened up about his experience of working with the director.
Shruti reflects on parents Kamal Haasan and Sarika's 'painful' divorce
When my parents split up, everything changed. That's when I realised the value of financial independence,' she says
Blake claims Justin's smear campaign gets support in publicist's suit
The lawsuit was lodged in Manhattan by Stephanie Jones
Indian star fined 20% match fees, one demerit point
KOHLI, KONSTAS FACE OFF AT MCG
Bumrah keeps battle alive; Aus score 311/6 after Konstas debut
JADEJA LEAKED RUNS DESPITE GETTING KONSTAS OUT
D-Street small stocks steal the show in 2024, giving handsome returns to investors
Market experts are optimistic about midcap & smallcap stocks for next year, driven by factors like strong domestic consumption & govt infra spending
Depreciation of rupee likely to push import bill by $15 billion, says GTRI
Compared to December last year, Rupee has depreciated 2.34% against dollar, moving from Rs 83.25 to Rs 85.20,
Sri Lanka seeks to boost foreign investments in its stocks market as debt worries fade
Colombo Stock Exchange plans to hold a conference in the national capital on March 27-28 to attract overseas investors
