The government of India is preparing a rule that would mandate companies building fossil fuel-based plants to also set up renewable capacity. The rule is intended to accelerate the growth of India's renewable energy capacity, a commitment of Prime Minster Narendra Modi's administration. "A generator will have an obligation to bundle his supplies with a certain share of renewable energy," said Power Minister Piyush Goyal last Thursday. The new rule seeks to shift the costs of renewable energy investment away from state power distributors, which are required to source a portion of their power from renewables. For the past three years, state power distributors have had the option of meeting their targets by buying certificates from clean utilities in a renewable-credit market, but the market has failed to increase investment in renewable capacity due to lack of enforcement. For the full story, see http://www.bloomberg.com/news/2014-09-12/india-plans-renewable-targets-for-generators-as-recs-flop.html.