Bulletin Updates

Policy tweak in the works: Green energy purchases likely to be mandatory – 9 May 2022

May 09, 2022

The Union government is planning to amend the Electricity Act and the National Tariff Policy to make it mandatory for electricity distribution companies (discoms) and other bulk buyers to meet their renewable purchase obligations (RPOs), a move that will give a fillip to investments in solar, wind and hydro energy sectors.

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