Govt mandates renewables mix in output of generation companies

New Delhi: To reduce the country’s coal demand and to make electricity prices cheaper or more attractive for distribution companies (discoms), Union power minister RK Singh on Thursday said the government will make bundling of conventional electricity with renewable energy mandatory for all generation companies in the country, including private ones.

To aid this, he said another proposal is in the works under which, all power projects, including the captive ones, will be mandated to set up renewable projects at their existing locations

“Going forward, India’s power demand is going to be 200 GW+. One of the ways we are trying to make procurement of power more attractive for buyers (discoms) is through bundling. Until now, we had the provision of bundling in tariff policies, but it was not operationalised. Now, we have decided to make bundling mandatory for all generation companies.