Govt mandates renewables mix in output of generation companies
Hindustan TimesNew Delhi: To reduce the country’s coal demand and to make electricity prices cheaper or more attractive for distribution companies, Union power minister RK Singh on Thursday said the government will make bundling of conventional electricity with renewable energy mandatory for all generation companies in the country, including private ones. Govt mandates renewables mix in output of generation companies To aid this, he said another proposal is in the works under which, all power projects, including the captive ones, will be mandated to set up renewable projects at their existing locations “Going forward, India’s power demand is going to be 200 GW+. “These plans will also carry forward in our goal to have 500GW of non-fossil power generation by 2030 out of a total generation of 817 GW,” Singh said. The minister also said the government will issue an order to the Central Electricity Regulatory Commission to lower the sealing prices of the day-ahead market and real term market from the current ₹12 per unit.
History of this topic
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