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Odisha seeks help to buy costly renewable energy

Other states may follow suit as cash-strapped state discoms find the going difficult. Odisha government has asked the Centre for a subsidy to purchase solar power, saying it is too costly. The move makes Odisha the first state in the country to openly express its inability to purchase costly renewable energy. The state may not be the last one to demand aid—cash strapped state discoms are increasingly finding it difficult to purchase renewable energy. This is leading to a rise in cases of delayed payment to renewable energy developers and can have serious implications for the progress of the sector in the country. for full text: http://www.downtoearth.org.in/content/odisha-seeks-help-buy-costly-renewable-energy

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