News Brief | February 2011
Power tariff policy stipulates 3% solar power use by 2022
The Government has amended the Power Tariff Policy stipulating the
States' solar power purchase obligation to go up to three per cent by
2022. A decision, taken by the union cabinet, prescribes solar power
purchase obligation for states may start with 0.25 per cent in Phase I
(by 2013) and go up to three per cent by 2022. This will be complemented
by solar specific Renewable Energy Certificate (REC) mechanism to allow
solar power generation companies to sell certificates to the utilities
to meet their solar power purchase obligations. The ministry of power
had proposed amendment to the Tariff Policy, 2006 to ensure that the
State Electricity Regulators could fix a percentage of energy purchase
from solar power under the renewable purchase obligation.