SAIINDIA:Compliance with Renewable Purchase Obligation and availing benefits of Clean Development Mechanism
As a follow up on India’s commitment to reduce carbon emission under United Nations Framework Convention on Climate Change (UNFCCC), the Government of India announced (June 2008) a National Action Plan for Climate Change (NAPCC). One of the important measures identified was increasing the share of Renewable Energy (RE) in the total electricity consumption in the country. NAPCC set target of five per cent for purchase of electricity generated from RE sources for 2009-10 against the then existing level of around 3.5 per cent. This target was to increase by one per cent per year for next 10 years i.e. the NAPCC envisaged that RE would constitute 15 per cent of the energy mix of India by 2020. National Solar Mission in 2011 further provided that ‘within the percentage so made applicable, to start with, the State Electricity Regulatory Commissions (SERCs) shall also reserve a minimum percentage for purchase of solar energy which will go up to 0.25 per cent by the end of 2012-2013 and further up to 3 per cent by 2022’.