The Government of India has set a target for installing 175 GW of RE capacity (excluding large hydro) by the end of 2021-22, which includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro.
In order to become self-reliant in power generation and achieving energy transition towards clean energy, the government has inter-alia taken the following measures: The renewable energy capacity will be raised to 450 GW. Phase-wise retirement of old polluting coal-based power plants have been planned.
Ultra Mega RE Parks will be set up to provide land and transmission to RE developers on a plug and play basis. Schemes such as Pradhan Mantri Kisan Urja Surakshaevam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW CPSU Scheme Phase II, etc., have been taken up. The plan for laying of new transmission lines and creating new sub-station capacity under the Green Energy Corridor Scheme for evacuation of renewable power is on progress. Bidding Guidelines have been notified for tariff-based competitive bidding process for procurement of power from Grid Connected Solar PV and Wind Projects.
Declaring of Large Hydro Power (LHPs) (>25 MW projects) as Renewable Energy source is in process. Also, Hydro Purchase Obligation (HPO) will be treated as a separate entity within Non-solar Renewable Purchase Obligation (RPO). Tariff rationalization measures will be taken for bringing down the hydro power tariff.
