+
States to meet 25% of energy needs from RE sources
POWER & RENEWABLE ENERGY

States to meet 25% of energy needs from RE sources

States would need to meet a quarter of their energy demand from renewable energy (RE) sources under the new Renewable Purchase Obligation (RPO) mandate and increase it to 43% by end of this decade. The new set of targets includes solar, wind, hydro, and also energy storage for the first time for states to mandatorily purchase.

The stringent targets come in the wake of India committing an ambitious 500 gigawatt (GW) of RE by 2030 at the Glasgow COP26 climate summit last year. Also, the draft Electricity Bill 2021, likely to be placed in the Parliament during this monsoon session, has also proposed penal provisions for states which fail to meet their RPO targets.

Under the current set of targets for 2023-2030, the total RPO range is 24.61 to 43.33%. In this, the wind RPO is in the range of 0.81-6.94%, hydro RPO, introduced two years back, 0.35-2.82% and other RPO, which will majorly comprise solar power, the range is 23.44-33.57%.

For energy storage, which has been introduced for the first time, the targets are in the range of 1-4% during this decade. This would be met through solar and wind power projects with energy storage.

States would now need to design and provide a trajectory for meeting the RPO targets in the range stipulated by the Centre. The states which are deficit in RE generation can purchase RE certificates from surplus states or through power trading platforms. The price of RECs is issued by the Central Electricity Regulatory Commission (CERC) annually.

States would need to meet a quarter of their energy demand from renewable energy (RE) sources under the new Renewable Purchase Obligation (RPO) mandate and increase it to 43% by end of this decade. The new set of targets includes solar, wind, hydro, and also energy storage for the first time for states to mandatorily purchase. The stringent targets come in the wake of India committing an ambitious 500 gigawatt (GW) of RE by 2030 at the Glasgow COP26 climate summit last year. Also, the draft Electricity Bill 2021, likely to be placed in the Parliament during this monsoon session, has also proposed penal provisions for states which fail to meet their RPO targets. Under the current set of targets for 2023-2030, the total RPO range is 24.61 to 43.33%. In this, the wind RPO is in the range of 0.81-6.94%, hydro RPO, introduced two years back, 0.35-2.82% and other RPO, which will majorly comprise solar power, the range is 23.44-33.57%. For energy storage, which has been introduced for the first time, the targets are in the range of 1-4% during this decade. This would be met through solar and wind power projects with energy storage. States would now need to design and provide a trajectory for meeting the RPO targets in the range stipulated by the Centre. The states which are deficit in RE generation can purchase RE certificates from surplus states or through power trading platforms. The price of RECs is issued by the Central Electricity Regulatory Commission (CERC) annually.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?