Ministry of Environment, Forest and Climate Change vide press release dated 12 December 2022 has issued clarification regarding the National Solar Mission. The National Solar Mission under NAPCC is one of the key initiatives to promote sustainable growth while addressing India’s energy security. Some of the measures undertaken to promote renewable power in the country are as follows:
- Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route;
- Waiver of Inter State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by 30th June 2025;
- Declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2029-30;
- Setting up of Ultra Mega Renewable Energy Parks to provide land and transmission to Renewable Energy (RE) developers for installation of RE projects at large scale;
- Schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW Central Public Sector Undertaking (CPSU) Scheme Phase II, etc.;
- Laying of new transmission lines and creating new sub-station capacity under the Green Energy Corridor Scheme for evacuation of renewable power;
- Notification of standards for deployment of solar photovoltaic system/devices;
- Setting up of Project Development Cell for attracting and facilitating investments;
- Standard Bidding Guidelines for tariff based competitive bidding process for procurement of Power from Grid Connected Solar photovoltaic system and Wind Projects;
- Notification of Promoting Renewable Energy through Green Energy Open Access Rules 2022;
- Notification of “The electricity (Late Payment Surcharge and related matters) Rules 2002 (LPS rules)”; and
- Issued orders that power shall be dispatched against Letter of Credit (LC) or advance payment to ensure timely payment by distribution licensees to RE generators.
