Ministry notifies renewable energy purchase, storage norms

26 Jul 2022 CW Team

The Ministry of Power (MoP) has issued the Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO) until the financial year 2029-2030.

A committee under the co-chairmanship of the secretaries of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) was constituted in December 2020 to recommend the RPO trajectory beyond 2021-22. Based on the recommendations of the committee and discussions with the MNRE, MoP has specified the following RPO trajectory beyond 2021-22.

Renewable Power Purchase Obligation (RPO) Trajectory up to FY 2029-30; Wind RPO will be met only by energy produced from wind power projects commissioned after March 31, 2022. Hydropower purchase obligation (HPO) will be met only by energy produced from large hydro projects (LHP), including pumped hydro, commissioned after March 8, 2019, and up to March 31, 2030. Other RPO may be met by energy produced from any renewable energy power project.

An expert said that Wind RPO had been specified to boost the wind installations and bring down the cost of power generated from wind projects; and that specific solar RPO had been taken out because the cost of power generated from solar had reached the desired level.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..