TN Electricity faces the most Serious Setback Ever...?
The purchase of electricity at Rs. 20 per unit will damage the power sector as the gap between demand and output of electricity widens. The electricity Board has been obliged to acquire electricity from the open markets at exorbitant costs to cope with the situation as the gap between demand and generation of electricity in tamil Nadu continues to expand. Purchasing at 5 times the cost of manufacturing will cause the power plant to become unstable.
Wind power compensates for the consequent gap. In early October, wind power typically decreases. wind energy, on the other hand, is still readily available in vast numbers. 6 crore units of wind electricity were accessible even yesterday. The same circumstance does not always persist. Even if wind power generation is curtailed and power supplied by private firms is cut, tamil Nadu could data-face power shortages in the coming days.
The minister of Power also agrees that tamil Nadu has a 2500 MW power shortfall. To deal with it, plans are in the works to purchase electricity at a rate of Rs. 2.61 per unit. However, it is yet uncertain what he would do after resigning from his position. If a unit of thermal electricity costs Rs.2.61, the government makes a profit; however, is it available? Is a mystery.
Only one item needs to be considered by the tamil Nadu government and the electricity Board. The tamil Nadu electricity Board is already insolvent, owing Rs 1.59 lakh billion in debt. The electricity Board's efforts and activities will help to minimize the debt and the loss of the electricity Board. It should be kept on hand rather than in a magnifying glass.