CERC allays fears over RPO enforcement

In a recent article of the Hindu Business line , Central Electricity Regulatory Commission (CERC) shared their concern over Renewable Purchase Obligation ( RPO ) enforcement. After successful completion of REC mechanism for one year, RPO enforcement regulation across various states are very clear now. If any electricity distribution company is in default, then the State nodal agency will ask it to deposit a sum into an account as penalty, failing which the matter will go to the respective State electricity regulatory commission.
The above issue has been the biggest fear for solar developers who can’t find any obligated entity ready to fulfill their obligation through solar RECs. Dr. Pramod Deo, Chairman, CERC said regarding the enforcement of RPO regulations , “is like asking whether the police would enforce the law.”

Vishal Pandya was quoted in the above article “Demand for solar REC will be very much there because supply is still very (much) short of the demand,”.
Till date only 15 MW of solar capacity has been added for REC benefits and the demand will be in the upwards of 800 MW next year.
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