Chronological list of existing acts/policies/programmes for RE development in India

As per Section 86(1) (e) of the Electricity Act 2003, the State Commission has been mandated to promote cogeneration and generation of electricity from renewable energy sources and timely update of the National Tariff Policy and Tariff Policy for optimal utilization of both conventional and non-conventional sources

It aimed at formulating guidelines for accelerated development of the power sector, providing supply of electricity to all areas and technology available to tap these resources, economics of generation using different resources, and energy security issues, special focus was laid on the utilization of maximum hydro potential in the country

As per Section 86(1) (e) of the Electricity Act 2003, the State Commission has been mandated to promote cogeneration and generation of electricity from renewable energy sources and timely update of the National Tariff Policy and Tariff Policy for optimal utilization of both conventional and non-conventional sources

The policy focused on efficient integration, planning and forecasting for optimal utilization of available energy resources in India with a focus on nuclear and non-conventional sources of energy to meet the energy demand for sustainable development

The Policy aimed at providing adequate and reliable electricity supply for all households at an affordable cost. It recognized the importance of utilizing non-conventional cost effective energy sources for both decentralized and grid- connected applications

The NAPCC identified measures to promote development objectives to mitigate climate change impact. The plan presented 8 missions, of which National Solar Mission was focused on large-scale deployment of both grid and off-grid based solar energy plants and to increase the share of solar energy in the energy mix of India

For accelerated development and promotion of the cultivation, production and use of biofuels to progressively substitute petrol and diesel for transport and for other applications, hence contributing to energy security, climate change mitigation, creating new employment opportunities and leading to environmentally sustainable development. A target of 20% blending of bio-fuels both for bio-diesel and bio-ethanol was proposed along with it a timely announcement of Minimum Supply Price (MSP) for non-edible oil seeds for provision of fair price for the farmers

The Mission had set an ambitious target of installing 20 GW of grid connected solar power by 2022 to reduce solar power generation in the country through (i) long term policy; (ii) large scale deployment goals; (iii) aggressive R&D; and (iv) domestic production of critical raw materials, components and products, to achieve grid parity by 2022. The aim of the Mission was to create an enabling policy framework to achieve this objective

As per the notification of CERC (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2010 introduced the Renewable Energy Certificate (REC) Mechanism to fulfil RPO obligations. It enabled and recognized inter-state RE transactions to address the mismatch between the availability of RE sources and the requirement of obligated entities to meet their stated RPO

Revision of target from 20 GW by 2022 to 100 GW by 2022

To Explore and Promote Deployment of Offshore Wind Farms in the Exclusive Economic Zone (EEZ) of the country, including those under Public Private Partnership

RE sector is included as priority sector under the Reserve Bank of India (RBI) norms, which means banks are obliged to earmark certain percentage of their lending for the RE sector. A loan limit of Rs 15 Crore for solar, biomass based power generators, wind mills, micro-hydel plants , etc and a limit of Rs 10 Lakh for an individual household, was announced

Revised Tariff Policy focuses on development of renewable energy and sourcing of power through competitive bidding and also aims at achieving renewable energy targets through promotion of schemes such as Ujwal DISCOM Assurance Yojana (UDAY)

Renewable Energy Institutional Framework

MNRE is a central nodal agency to facilitate research, development, manufacturing and deployment of renewable energy systems or devices for applications across rural, urban, commercial and industrial sectors. The Ministry is also responsible for timely approval and disposal of renewable energy proposals which are received from the state nodal agency in order to release Central Financial Assistance

The Ministry is responsible to evolve a general policy in energy, energy conservation and energy efficiency space. The Ministry is responsible for the Central Electricity Authority (CEA), and Central Electricity Regulatory Commission. Rural electrification programmes such as RGGVY are also under the mandate of MoP and executed through its agency Rural Electrification Corporation Limited

Each state has an assigned nodal agency responsible for promoting and developing renewable energy applications in the state. The SNAs acts a facilitator between industry, finance, government, and technical experts to evaluate challenges and opportunities arising from law and policy in the RE sector

State Electricity Regulatory Commissions determine feed-in-tariffs for power procurement from RE plants by ESCOMs and regulates the operation of intra-state transmission (State Load Despatch Centre). SERCs also sets year-wise RPO targets for obligated entities in the respective states

State Load Despatch Centre (SLDC) in a state is an apex body which ensures integrated operation of power system in the state. It is responsible for optimum scheduling and despatch of electricity within the state and to carry out real time operations for grid control and exercise supervision over intra-state transmission system

Distribution of power is entrusted to these state distribution companies. DISCOMs are one of the obligated entities responsible for fulfilling Renewable Purchase Obligations (RPOs) through procurement of renewable energy

India Energy Exchange Limited (IEX) and Power Exchange India Limited (PXIL) are electronically trading exchanges regulated by the Central Electricity Regulatory Commission (CERC). They provide an automated platform for physical delivery of electricity. Renewable Energy Certificates (RECs) are traded through these exchanges

REC Registry maintains records for registration, issuance and accreditation of obligated entities