The Central Government has notified Renewable Generation Obligation as per the Revised Tariff Policy, 2016. This notification was issued on 27th February, 2023.
All generating companies establishing a coal/lignite-based thermal generating station and having the Commercial Operation Date (COD) of the project on or before 1st April 2023 shall be required to establish renewable energy generating capacity (in MW) i.e. Renewable Generation Obligation (RGO). This RGO shall be of a minimum of 40% of the capacity (in MW) of a coal/lignite-based thermal generating station.
Alternately, the generating company can also procure and supply renewable energy equivalent to such capacity.
A coal/lignite based thermal generating station with Commercial Operation Date (COD) of the project between 1st April 2023 and 31st March 2025 shall be required to comply with RGO of 40% by 1st April 2025.
Additionally, any other coal/lignite based thermal generating station with Commercial Operation Date (COD) of the project after 1st April 2025 shall be required to comply with RGO of 40% by the COD.
Further, a captive coal/lignite based thermal generating station shall be exempt from requirement of RGO subject to its fulfilling Renewable Purchase Obligations as notified by the Central Government.
