States do not buy enough renewable energy

According to data collected by the Indian Ministry of Power, the country’s federal states do not buy enough renewable energy (RE) to achieve the goal of an RE capacity of 175 GW by 2022. The Business Standard reported, the Renewable Purchase Obligation (RPO) mandates the states to buy a certain share of their electricity from RE sources. In this fiscal year, 6.75% of the consumed energy has to be solar and 11.25% from other sources. The Indian Ministry of New and Renewable Energy (MNRE) now urged the State Electricity Regulatory Commissions (SERCs) to impose financial penalties. By 2022, India’s renewables portfolio shall be made up of 100 GW of solar, 60 GW of wind, 10 GW of biomass and 5 GW of small hydro power.

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