MNRE proposes thermal-RE bundling scheme

The Ministry of New and Renewable Energy (MNRE) has proposed a draft scheme for the supply of round-the-clock (RTC) power from renewable energy projects, complemented with power from coal-based thermal power plants (TPPs). The MNRE has proposed a concept of “reverse bundling” wherein the high cost thermal power will be bundled with cheaper renewable energy and provided to discoms on an RTC basis. According to the draft scheme, a generator has to supply at least 51 per cent of the annual power from renewable energy and the balance from thermal sources. The main objective of the scheme is to address the issues of intermittency, limited hours of supply and low capacity utilisation of the transmission infrastructure associated with renewable energy projects. It will also facilitate the fulfilment of the renewable purchase obligation (RPO) requirement of the obligated entities.