The Central Electricity Regulatory Commission (CERC) released the draft Terms and Conditions for Tariff Determination from Renewable Energy Sources Regulations, 2012 in November 2011, specifying technical parameters for tariff determination for renewable energy projects set up during the Twelfth Plan period. The draft regulations are a welcome step as they offer tariff visibility for the upcoming plan period and, therefore, help renewable energy developers in determining future expansion strategies.

Geothermal power continues to be one of the least exploited renewable energy segments in India. Almost the entire estimated potential of about 10,600 MW remains unutilised except a few pilot installations for power generation and direct heat transfer. India is yet to establish its first commercial geothermal power plant.

The generation-based incentive (GBI) scheme for wind energy projects was launched by the Ministry of New and Renewable Energy (MNRE) to stimulate wind power generation rather than merely subsidise capacity creation.