Policy measures for promotion of new & renewable energy
Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term growth trajectory of RPO for solar and non-solar energy for next 3 years from 2016-17, 2017-18 and 2018-19; c) Development of Solar Parks and Ultra Mega Solar Power Projects; d) Development of power transmission network through Green Energy Corridor project; e) Making roof top solar as a part of housing loan provided by banks; f) Waiver of Inter-State Transmission Charges and losses; g) Repowering of Wind Power Projects for optimal utilization of wind resources; h) Offshore wind energy policy for development of offshore wind energy in the Indian Exclusive Economic Zone; i) Supporting research and development on va...