Power ministry to mandate renewable power generation obligation
POWER & RENEWABLE ENERGY

Power ministry to mandate renewable power generation obligation

The Power Ministry plans to make it mandatory for any thermal power producer planning to install a new generating capacity after April 1, 2024, to either set up or acquire renewable energy capacity equivalent to it. This will increase the country's capacity for renewable energy.

It intends to introduce an amendment to the Tariff Policy 2016 to incorporate the "renewable generation obligation (RGO)" provision in order to put this into practise.

In a draught note that was released on November 7 and distributed to stakeholders, it requested feedback on the plan within 21 days of that date.

The Power Ministry has recommended that as part of it, each new generating firm planning to put up a coal or thermal-based capacity after April 1, 2024, would also be required to create or acquire a comparable amount of renewable energy.

“In order to promote renewable energy sources, any generating company proposing to establish a coal or lignite-based thermal generation station after a specified date shall be required to establish such renewable energy equivalent to such capacity, as may be prescribed by the Central government from time to time after due consultation with stakeholders,” the statement read.

The capacity of renewable energy that must be established, acquired, or provided by new thermal generating stations based on coal or lignite must be at least 25% of the capacity of thermal generating stations being established, it was further added.

The project aims to reach the goal of producing 50% of electricity from non-fossil fuels.

See also:
ReNew Power to invest Rs.300 bn on scaling
Government identifies 10 states for green hydrogen manufacturing


The Power Ministry plans to make it mandatory for any thermal power producer planning to install a new generating capacity after April 1, 2024, to either set up or acquire renewable energy capacity equivalent to it. This will increase the country's capacity for renewable energy. It intends to introduce an amendment to the Tariff Policy 2016 to incorporate the renewable generation obligation (RGO) provision in order to put this into practise. In a draught note that was released on November 7 and distributed to stakeholders, it requested feedback on the plan within 21 days of that date. The Power Ministry has recommended that as part of it, each new generating firm planning to put up a coal or thermal-based capacity after April 1, 2024, would also be required to create or acquire a comparable amount of renewable energy. “In order to promote renewable energy sources, any generating company proposing to establish a coal or lignite-based thermal generation station after a specified date shall be required to establish such renewable energy equivalent to such capacity, as may be prescribed by the Central government from time to time after due consultation with stakeholders,” the statement read. The capacity of renewable energy that must be established, acquired, or provided by new thermal generating stations based on coal or lignite must be at least 25% of the capacity of thermal generating stations being established, it was further added. The project aims to reach the goal of producing 50% of electricity from non-fossil fuels. See also: ReNew Power to invest Rs.300 bn on scalingGovernment identifies 10 states for green hydrogen manufacturing

Next Story
Infrastructure Energy

NTPC Signs $11.5 Billion Clean Energy Deals in Chhattisgarh

Juniper Green Energy has successfully commissioned a 100-MW solar power project aimed at supplying electricity to Bhutan, marking a significant milestone in regional energy integration. According to the company's statement, the project facilitates a crucial cross-border agreement allowing Bhutan to receive 50% of the power generated during the winter months. This arrangement permits Bhutan to directly import power from an Indian generator under an established bilateral trade framework. Located in Rajasthan, the solar project contributes a total generation capacity of 100 MW. Highlighting the..

Next Story
Infrastructure Energy

Juniper Green Commissions 100-MW Solar Project for Bhutan

The New Delhi Municipal Council (NDMC) held its first council meeting since the Delhi Assembly polls focusing on a comprehensive Summer Action Plan aimed at achieving 100% solar energy adoption by 2026. The meeting, led by MP Bansuri Swaraj, began with the swearing-in of three new NDMC members — Delhi Minister and New Delhi MLA Parvesh Sahib Singh, Delhi Cantt. MLA Virender Singh Kadian, and Ravi Kumar Arora, Additional Secretary of the Ministry of Housing and Urban Affairs. Solar Energy Push NDMC Vice Chairman Kuljeet Singh Chahal announced the civic body's ambitious solar energy plans, ..

Next Story
Infrastructure Energy

NDMC Pushes for 100% Solar Energy by 2026

Mumbai-based energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital, with participation from UC Impower and other angel investors. Founded in 2017 by IIT Bombay alumni, AmpereHour Energy focuses on building AI/ML-enabled Energy Storage Systems ranging from kW/kWh scale systems for Mini-grids to MW/MWh scale systems compatible with solar PV and wind plants. The systems are designed to be plug-and-play, integrated with the company’s proprietary Energy Management platform, Elina. The fresh capital will be directed towards expanding manufacturing and software capabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?