Why capping net metering in India turning into a conundrum?
February 2021
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Report Summary
Why capping net metering in India turning into a conundrum? Are we following a “herd” mindset in deciding the winners and losers instead of designing for a win-win for both consumers and discoms?
Why capping net metering in India turning into a conundrum?
We firmly believe in the ethos of business and while we boast of an advisory firm, the responsibility for us even widens to cater to each faction of the industry while designing or offering solutions. Arguably, it is unfortunate to witness “a certain degree of bias” by media and even established advisory firms in catching the trend and putting out content which is far off being well rounded. We won’t divulge much on to that and shall leave to the wisdom of readers to be judicious enough to learn all perspectives and not being focused upon skewed one’s to forge the understanding! Honestly, there must be a departure from the “herd” mindset in following the trend and pushing content which are either partial or biased sans facts and deep-rooted understanding. Nonetheless, we shall remain just and true to our endeavors to push a well-rounded perspective for the market developments.
On Point Query
ON – POINT QUERY: For the faction of industry voicing concerns upon the growth of renewables getting hampered courtesy new net metering policy in India, are the concerns of power distribution utilities non-recovery of fixed costs invisible?
What's included
So, coming back on to the point of capping of net metering in India not auguring well with a larger fraction of the industry who are of the opinion that this might restrict the growth of renewables contrary to the Government’s push for adapting more RE. Is this viewpoint correct?, is the immediate query popping up a reader's head (at least for those who have an inquisitive thought process). Well, to be honest, it indeed is true, but then why is it done? Isn't Government concerned enough to push the growth of renewables when on multiple forums it goes on promoting the same? These queries also crossed us and, in the quest, to enhance an all-around perspective we chose to dig a bit deep and come out with a tenable solution for the future wherein the system is free from the biased approach. This shall consequently help augment the understanding and designing solutions which doesn’t need course correction to an extent wherein we are back to square one!
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