The CCEA has approved the Ministry of Power’s (MoP) proposal to include large hydro projects (above 25 MW) under the aegis of renewable energy. Separate hydropower purchase obligations (HPOs) for large hydro projects (commissioned after the notification of measures to promote hydropower) will be issued. As per the existing practice, only hydroelectric projects (HEPs) of less than 25 MW are categorised as renewable energy. Moreover, tariff rationalisation measures including providing flexibility to developers to determine tariffs by backloading of tariff after increasing project life to 40 years, increasing debt repayment period to 18 years, etc., will be implemented.
