India to get tough on clean power compliance

Facebook
Twitter
LinkedIn
Reddit
Email

India will enforce renewable generation targets as part of impending new energy policy Piyush Goyal, minister for coal, power and new & renewable energy (MNRE) has said adding that penalties for non-compliance with an existing scheme will soon be issued.

Speaking at the RE-Invest conference in New Delhi, Goyal said companies that had not met their Renewable Purchase Obligations (RPO) would be penalised. Goyal warned in July 2014 that enforcement of the RPO was necessary to help the country meet its renewable energy targets.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The minister also confirmed the creation of a (Renewable Generation Obligation) for power producers in upcoming policy. This is thought to be a more practical approach to promoting clean energy than enforced purchases that have proved to be a financial burden on India’s distribution companies.

Goyal also moved to address the question of finance in India’s renewable energy market. The country has large ambitions but fears over the high cost of financing linger.

The MNRE said investments would “protected and encouraged” and would look to facilitate a better business environment.

A draft state-level solar policy, circulated by the MNRE for consulation, suggests that states will be asked to carry out financial assistance themselves including the creation of a Green Fund.

“The fund so created shall be utilized for organizing capacity building and training programme, creating awareness, offsetting the upfront capital cost, interest subvention through Banks and any other aspect deemed necessary for the easy adoption of solar plants in the State,” the policy states.

Read Next

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines