The Ministry of Power has issued a clarification on the renewable generation obligation (RGO) for coal and lignite based thermal generating stations.
As per the previous resolution, projects with a commercial operation date (COD) on or after April 1, 2023 must establish or procure renewable energy capacity equivalent to a minimum of 40 per cent of the thermal capacity by the COD. Stations with COD between April 1, 2023 and March 31, 2025 may comply by April 1, 2025. The ministry has clarified that renewable energy generated or procured and supplied by wholly owned subsidiaries of the generating company, or wholly owned subsidiaries of any company in a joint venture, will be counted towards RGO compliance. It also reiterated that the establishment or procurement of the RE capacity equivalent to the required percentage is voluntary, as stated in the original notification.