Advertisement

Govt may ask discoms to buy hydro power mandatorily

The proposal, once implemented, would benefit hydro power producers as well as give a fillip to the hydro sector.

Advertisement
FP Archives|Dec 20, 2014, 22:34:53 IST

New Delhi: The power ministry plans to make it compulsory for distribution companies to purchase certain percentage of their energy requirements from hydel sources.

The proposal, once implemented, would benefit hydro power producers as well as give a fillip to the hydro sector.[caption id="attachment_1003369" align="alignleft" width="380"]New power purchase norms. Reuters New power purchase norms. Reuters[/caption]

Power Minister Jyotiraditya Scindia today said provision for "Hydro Purchase Obligation (HPO)" is being considered.

This would be like the existing Renewable Purchase Obligation (RPO) that mandates power distribution companies to meet certain percentage of their energy needs by buying renewable power or green energy certificates.

Advertisement

India has substantial hydro power potential which is yet to be fully exploited and the government is working on ways to harness it.

The minister was speaking on the sidelines of a conference organised by industry body Ficci.

PTI

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Aug 01, 2013, 18:01:34 IST
Advertisement
Advertisement
Advertisement
Advertisement
Up Next