New Delhi: The government has undertaken a number of policy measures to increase the share of renewable energy in India’s energy mix, Power Minster R K Singh informed the Lok Sabha on Thursday.
Replying to a question, Mr Singh said the policy measures include provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; notification of the long term growth trajectory of RPO for solar and non-solar energy for next 3 years up to 2019 and development of solar parks and Ultra Mega solar power projects and making roof top solar as a part of housing loan provided by banks.
Besides, the government was also developing power transmission network through Green Energy Corridor project and providing financial incentives for off-grid and decentralised renewable energy systems and devices for meeting energy needs for cooking, lighting and productive purposes; and permitting 100 percent Foreign Direct Investment in sector through automatic route, he informed.
The Government of India has set up a target of installing 175 GW capacity through renewables by 2022.
As on 28.