Government policy initiatives to promote renewable energy generation
Various policy initiatives taken for the promotion of Renewable Energy (RE) generation are as under:
(i) Waiver of Inter-State Transmission System (ISTS) charges for inter-State sale of solar and wind power for projects to be commissioned by 30th June 2025, with a provision in the order of this Ministry dt. 23.11.2021 for a gradual phasing out of waiver for projects commissioned from 01.07.2025 onwards, in order to have long-term visibility and certainty the renewable power generation.
(ii) Declaration of a trajectory for Renewable Purchase Obligation (RPO) up to the year 2029-30.
(iii) Setting up of Ultra Mega Renewable Energy Parks to provide land and transmission to RE developers for installation of RE projects at large scale.
(iv) Schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 Mega Watt (MW) Central Public Sector Undertaking (CPSU) Scheme Phase II, etc.
(v) Laying of new transmission lines and creating new sub-station capacity under the Green Energy Corridor Scheme for evacuation of renewable power.
(vi) Notification of Promoting Renewable Energy through Green Energy Open Access Rules 2022, in June 2022.
(vii) Green Term Ahead Market (GTAM) and Green Day Ahead Market (GDAM) are operational to facilitate the sale of Renewable Energy Power through exchanges.
(viii) Ministry of Power has introduced a scheme for flexibility in the generation and scheduling of thermal/hydro stations through bundling with renewable energy which will help in the replacement of thermal/hydro with renewable energy.
**News Source: PIB India**
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