MoP amends guidelines for procurement of RTC projects

The Ministry of Power (MoP) has amended its tariff-based competitive bidding guidelines for power procurement from round-the-clock (RTC) renewable power projects. RTC projects can now be bundled with any non-renewable energy source, including power from energy storage systems. Previously, it could only be combined with thermal power. The amendment aims to address the problem of intermittency in power supply from renewable energy projects. It was also specified that there can only be one non-renewable energy source in the bundle, and it must also have a spare generation capacity such that it can supply RTC power in the long run. Generators that are supplying renewable RTC power bundled with a non-renewable source must ensure that at least 85 per cent of the capacity is available annually and during peak hours.