Delhi announces its final RPO regulation

The most awaited RPO regulations was finally announced by Delhi Electricity Regulatory Commission (DERC) for the capital region.
Like RPO regulations of other states, DERC also came out with a similar one. The RPO regulation is applicable to:

• Distribution Licensee(s) operating in the National Capital Territory of Delhi
• Any Captive user, using other than renewable energy sources exceeding 1 MW
• Any Open Access Consumer with a contract Demand exceeding 1 MW from sources other than renewable sources of energy.

The obligation till FY 2016-17 is shown in the table below:

Obligated entities have to submit necessary details regarding total consumption of electricity and purchase of energy from renewable sources before 30th April to the State Agency every year .
Open access consumer receiving electricity from renewable energy sources shall be exempted from the cross-subsidy surcharge determined by the Commission from time to time to the extent of RPO. However, no banking facility shall be provided for supply of electricity from renewable energy sources through open access.
The REC market will strengthen if the enforcement in Delhi has a good start as the consumption here is very high.
Contributed by Rahul Tyagi