OCEAN ENERGY

Aug. 23, 2019

Minister of New and Renewable Energy has approved a proposal to declare ocean energy as Renewable Energy.

About:

  • The New and Renewable Energy Ministry has clarified to all stakeholders that energy produced using various forms of ocean energy such as tidal, wave and ocean thermal energy conversion will be considered as Renewable Energy.

  • It will be eligible for meeting the non-solar Renewable Purchase Obligations (RPO).

  • The decision will give a boost to ocean energy in the country.