The government also mandates that new coal-fired power plants that start generating electricity from 1 April 2023 have renewable energy capacity equivalent to 40% of their thermal capacity.
The Ministry of Power announced last week that coal-based power plants with dates of commercial operation (COD) between April 2023 and March 2025 will have 40% of their electricity from renewable sources by April 1. It also mandated that it must comply with the requirements to produce. 2025.
In response, the Ministry of Electricity revised its tariff policy in 2016 for Gencos to comply with its Renewable Generation Obligation (RGO).
“Generating companies (Genco) that establish coal- or lignite-based thermal power plants and have project CODs after April 1, 2023 will be required to establish renewable energy generation capacity (in megawatts). It has been decided to procure and supply RGOs with a minimum of 40% of the capacity (MW) of coal- or lignite-based thermal power plants, or renewable energy equivalent to such capacity,” the notice said.
Furthermore, the notice states that thermal power plants using COD between 1 April 2023 and 31 March 2025 will be required to comply with 40% RGO by 1 April 2025. I am adding. Additionally, any other coal- or lignite-based power plant using COD must comply with an RGO of 40% by COD after 1 April 2025.
“Furthermore, captive coal- or lignite-based thermal power plants shall be exempt from RGO requirements, provided they fulfill the Renewable Energy Purchase Obligation (RPO) notified by the central government,” the notice said. says.
The move is in line with India’s COP26 pledge to generate 50% of its electricity from renewable sources by 2030 and have 500 GW of non-fossil fuel capacity by the end of the decade. India also aims to become net zero carbon by 2070.
Focus on clean energy
India, the world’s fastest-growing emerging clean energy market, wants to reduce its dependence on fossil fuel and coal imports and reduce carbon emissions by aggressively pushing for renewable energy mandates. I’m here. 2 emissions.
An estimated 1,372.72 million tons (mt) of CO have been saved through renewable energy generation from various sources. 2 Last 5 years of emissions and current fiscal year—FY18 to FY23 (to December 2022).
As of January 2023, India’s total renewable energy capacity is about 169.40 GW, including 63,893.83 MW of solar PV, wind (41,983.18 MW), biomass/cogeneration (10,209.81 MW), small hydro Includes power generation (4,939.65 MW), and waste. -Energy (523.05 MW). In addition, the country has a large hydropower capacity of about 46.85 GW and another nuclear power capacity of about 6.8 GW.
4000000000000000000000000000000000000000000000000000000000000000000000000cm is the cost of installing solar power generation, so it is about 253,302.47MW solar power generation project about 253,302.47MW, about 253,302.47MW, about 253000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000ment
Apart from that, as of December 2022, a project with a capacity of 78.75 GW is in various stages of implementation and another project with a capacity of 32.60 GW is in various stages of tendering.
The country’s total installed capacity is 411.65 GW, which includes 204.44 GW of coal-fired power, 24.82 GW of gas, and 6.6 GW of lignite-based capacity.