"We will come out with new tariff policy very soon. It will allow distribution companies to buy any amount of power produced from waste," Power Minister Piyush Goyal said at a social entrepreneur award function.
Further, the power plants will have to compulsorily use processed municipal waste water available in their vicinity (in 100 km radius), he added.
The proposed tariff policy is aimed to provide incentives to renewable energy projects as well as efficient use of resources by power generation plants based on conventional sources of energy like coal-based thermal projects.
He added that Public Sector Undertakings (PSUs) under his ministries will spend 5 per cent of their profits under CSR instead of 2 per cent.
Under the new companies law, certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards CSR (corporate social responsibility) activities.
Goyal also said that the government would soon resolve issues related to power distribution companies.
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