This would on turn benefit the Hydropower sector.
Speaking on the sidelines of a conference organised by industry body Ficci, the Power Minister Jyotiraditya Scindia today said provision for “Hydro Purchase Obligation (HPO)” is being considered in the lines of RPO (Renewable Purchase Obligation).1
The National Tariff Policy (NTP) 2006 requires the State Electricity Regulatory Commissions (SERCs) to fix a minimum percentage of Renewable Purchase Obligation (RPO).2
Every entity thus has to meet its Renewable Purchase Obligations (RPO) target either by their own generation or by procurement of power from Renewable Energy generator or by the way of Renewable Energy Certificate or by the combination of all. HPO is expected to run on similar lines.
India has huge hydro power potential. Hydropower supplies at least 50% of electricity production in 66 countries.
View the status (Basin wise) as per CEA here
India is planning to further exploit its hydro power potential to the fullest extent in the coming years as part of its commitment towards low carbon growth. Read more on hydro [power potential here
Reference and further reading;
GCG’s article entitled RPO for the state of Maharashtra
While orange peels and lithium-ion batteries may seem like a farfetched combination, it's important to keep an open mind. Read More
With the world fighting coronavirus and its associated strains, what has yet again hogged the limelight is that most virus… Read More
You might have heard many people saying that you are what you eat, which is true to a great extent.… Read More
Out of 180 countries, India ranked 168th in the 2020 Environmental Performance Index (EPI). It maintained that India’s decarbonization agenda… Read More