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India working on mandatory renewable energy system

Power ministry, regulators contemplate ways to develop renewable energy By Mitul Thakkar, ET Bureau | 17 Jul, 2014 NEW DELHI: Electricity regulators and power ministry are contemplating steps to make it mandatory for conventional power project developers to set up renewable energy plants in future, while distribution firms may have to purchase more clean energy, but regulatory authorities are concerned that this may hurt loss-making utilities.

Power Minister Piyush Goyal said at a recent meeting with electricity regulators that the government wants to develop clean energy, and sought their suggestions for incentives for distribution utilities for better compliance of renewable power obligations. …..

July 17, 2014 - Posted by | general

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