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RENEWABLE CONSUMPTION OBLIGATION
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
Power entering a 10-year supercycle? Elara Capital's Rupesh D Sankhe reveals the best stocks to ownIndia's power sector is set for a major boom. Demand is expected to surge by 5% to 6% annually for the next decade. This growth is fueled b...
One year after Op Sindoor, India keeps gates of dams on Indus shut, maintains position on 'unjust' treatyOne year after the launch of Operation Sindoor, India has opted to keep the Indus Water Treaty suspended, marking a pivotal shift in its po...
PM Modi in Mann Ki Baat: Highlights wind energy milestone; says India crosses 56 GW capacityIndia has achieved a significant milestone in wind energy. The nation's wind generation capacity has now surpassed 56 gigawatts. This place...
Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
India set to emerge as world's 2nd largest solar market in 2026: NSEFIIndia is set to become the world's second-largest solar market in 2026. The nation is rapidly adding solar capacity, reaching 150 GW. This ...
India logs record 6.05 GW wind capacity addition in FY26, up 46% YoYIndia has achieved a record 6.05 GW of wind capacity in FY26. This marks the highest annual addition, pushing total wind power past 56 GW. ...
India achieves highest-ever annual wind energy capacity addition of 6.05 GW in 2025-26India has set a new record for wind energy capacity addition. In 2025-26, the nation added 6.05 GW of wind power. This brings the total ins...
CERC brings in virtual PPA norms for renewable targetsIndia's power regulator has launched a new virtual power purchase agreement framework. This allows large electricity users to meet renewabl...
Clean energy: Ministers Pralhad Joshi, Manohar Lal discuss renewable energy challengesPrahlad Joshi, the Renewable Energy Minister, engaged in discussions with Manohar Lal, the Power Minister. They addressed critical issues f...
Steel companies seek easing of clean energy ruleLarge steelmakers are seeking revisions to the Renewable Consumption Obligation (RCO) regime, proposing a reduction in the mandatory renewa...
India proposes virtual power agreements to boost renewable energy trading in power marketsIndia's power market regulator on Tuesday proposed amending its electricity trading rules to introduce Virtual Power Purchase Agreement (VP...
States told to meet green energy purchase obligationThe power ministry has urged states to adhere to their renewable purchase obligations, highlighting the necessity to meet renewable energy ...
DERC releases draft regulation for green power obligations on discomsThe DERC has issued draft regulations mandating a 29.91% green energy purchase for stakeholders in 2024. RPOs require electricity distribut...
Niti Aayog to estimate gap between states' renewable capacity, future needsThe Niti Aayog is conducting an analysis to estimate the potential gap between states' renewable energy capacities and their future electri...
Buying green power may be mandatory under the Energy Conservation ActThe Indian government is considering making national renewable purchase obligations (RPOs) enforceable under the Energy Conservation Act, w...
States get a new green power mandateAs per the Electricity Act 2003, the state electricity regulatory commissions (SERCs) are required to fix a minimum percentage of the total...
Renewable generation obligation on coal-based IPPs, captive plants: RK Singh“The renewable energy generation mandate will depend on flexibilitsation of coal-based power plants which today in Indian context is 55%. F...
Tata Power Solar commisions plant in Andhra PradeshTata Power Solar today said it has successfully commissioned a 3 MW solar power plant for Andhra Sugars Limited.
- Solar power producers find new source of revenue generation
The two power trading exchanges Indian Energy Exchange (IEX) and Power Exchange India (PXIL) commenced trading of solar renewable energy ce...