India Renewable Energy Policy Handbook, 2023 Update

Pages: 48 Published: May 17, 2023 Report Code: GDAE1558P

“India Renewable Energy Policy Handbook, 2023 Update” is among the latest country specific policy reports from GlobalData, the industry analysis specialist. The report offers comprehensive information on major policies governing the renewable energy market in the country and provides information on renewable policies/developments at a regional/municipal level. The report discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.
The report is built using data and information sourced from industry associations, government websites, and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines.


The report covers policy measures and incentives used by India to promote renewable energy.

The report details promotional measures in India both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.

Reasons to Buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to –

Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.

Identify opportunities and challenges in exploiting various renewable technologies.

Compare the level of support provided to different renewable energy technologies in the country.

Be ahead of competition by keeping yourself abreast of all the latest policy changes.

Table of Contents

Table of Contents

1. India Power Market, Regulatory Scenario

1.1 Renewable Energy Market, Overview

1.2 Policy Snapshot

1.3 Renewable Energy Targets

1.4 Electricity Act of 2003

National Electricity Policy (NEP, 2022)

National Electricity Policy (NEP, 2021)

1.5 Electricity (Amendment) Bill, 2022

1.6 National Renewable Energy Act, 2015

1.7 Cross Border Power Trade Regulation, 2020

1.8 Cross Border Electricity Trade, 2021

1.9 Scheme for Supply of Round-The-Clock (RTC) Renewable Energy

1.10 National Action Plan on Climate Change

State Action Plan on Climate Change (SAPCC)

1.11 Amendments in National Tariff Policy

1.12 Renewable Energy Certificates

REC Amendment 2021

REC Amendment 2022

1.13 Memorandum- “Make in India” for Local Content in Renewable Energy Products

1.14 Memorandum-Quality of Solar Modules

1.15 National Wind-Solar Hybrid Policy

1.16 Quality Control Manual for Grid Connected Rooftop Solar PV Systems and Solar PV Water Pumping Systems

1.17 Green Term Ahead Market (GTAM)

1.18 Green Energy Corridor

1.19 Interstate Transmission Network System (ISTS)-Connected Wind-Solar Hybrid Power Projects

1.20 Extension on Waiver of Inter-State Transmission Charges

1.21 Union Budget Allocation



1.22 National Hydrogen Mission

1.23 Renewable Energy Auctions

Auction Analysis

1.24 Feed-in-Tariffs

Small Hydro


Solar Power

Wind Power

1.25 Support for Renewable Energy, India

Support for Solar Power

Support for Wind Power

Support for Biopower

Support for Small Hydropower

2 Appendix

2.1 Abbreviations

2.2 Market Definitions


Renewable Power

Installed Capacity

Electricity Generation

Electricity Consumption

2.3 Methodology


Secondary Research

Primary Research

Modelling and Forecasting

Contact Us

List of Tables

List of Tables

Table 1: Policy Snapshot, India, 2022

Table 2: Renewable energy market, India, state-wise renewable energy targets vs actuals, 2022

Table 3: Renewable Energy Market, India, Renewable Purchase Obligation (%), 2023-2030

Table 4: Renewable Energy Certificate Volume, India, 2022-23

Table 5: Renewable Energy Auctions, India, 2018-2022

Table 6: Renewable Energy Market, India, FiT for Small Hydro, 2019-2023

Table 7: Renewable Energy Market, India, FiT for Biopower-based Power Plants, FY2022-23

Table 8: Renewable Energy Market, India, Net Metering Regulations in Leading States

Table 9: Renewable Energy Market, India, Net Metering and Gross Metering Policy, Karnataka

Table 10: Abbreviations

List of Figures

List of Figures

Figure 1: Renewable Auctions, Auctioned Capacity (GW) Vs. Awarded Capacity (GW), India, 2017-2022

Figure 2: Renewable Auctions, Awarded Capacity (GW) by Technology, India, 2017-2022

Figure 3: Renewable Auctions, Solar PV Prices ($/MWh), India, 2017-2023


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