Daily News Wrap-Up: Thermal Plants Must Install 40% Renewable Power Capacity

FDI in renewables dips 46% in Q3 2023

March 7, 2023

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The Ministry of Power has announced that any coal or lignite-based thermal generation station coming up on or after April 1, 2023, must either install or procure renewable energy equivalent to 40% of the thermal generation capacity. Also, any coal or lignite-based thermal generating station with the project’s commercial operation date between April 1, 2023, and March 31, 2025, would be required to comply with the renewable generation obligation of 40% by April 1, 2025.

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