The Ministry of Power (MoP) has repealed thescheme for flexibility in generation and scheduling of thermal/hydro power stations through bundling with standalone renewable energy (RE) projectsand storage power, notified by it inNovember 2021andnotified a fresh scheme.
Since the issuance of this scheme, the stakeholders have requested to allowRE power plants established anywhere in the country to bundle their power with thermal/hydro power; to allow the sharing of gains between the generator and beneficiary in the ratio of 50:50 without subjecting to a cap of Re 0.07 per unit, and other incidental matters. In this view, MoPhas repealed the earlierscheme andnotified a fresh scheme. As per the new scheme, any generating company (thermal or hydro) may establish or procure RE from a renewable power plant which is either co-located within the premises or at new locations.In case of RE power plant co-located within the premises of a generating station, the appropriatecommission will determine the tariff of RE supplied, provided that such RE power plant will be established through a competitive engineering, procurement, and construction tendering. In all other cases, RE will be procured on a competitive bid basis. Further, no additional transmission charges will be levied for bundling RE power with thermal/hydro power when the RE power plant is co-located within the premises of a generating station, among others.