Punjab Finalizes New RPO Targets

The Punjab Electricity Regulatory Commission (PSERC) has finalized the amendment to its RPO regulation 2011. The Amendment was notified on May 6, 2015. The new regulation will come in force from the  date of its publication in official gazette.

The new amendment to principle regulation defines new RPO targets for the upcoming years. The details of the new RPO targets are as below:

The targets defined by the commission are as same as the targets being proposed by the commission in its earlier draft notification in March 2015.
The graph above shows the comparison of the Punjab RPO targets with the RPO targets defined in the National Tariff Policy. The total RPO target year-on-year, seem to be nowhere close to NAPCC targets, and when compared to NTP targets, Non-Solar RPO targets fall considerably short while Solar RPO seem to be on track to meet NTP target by 2019-20. It is more important to observe whether PSERC ensures strict implementation in the future, or allows carry forward like the other states are doing.
The order can be accessed here.