Punjab Specifies Share of Hydropower in its Renewable Purchase Obligation Trajectory
The Punjab State Electricity Regulatory Commission (PSERC) has invited comments, suggestions, and objections to the staff paper for revising the renewable purchase obligation (RPO) regulations to factor in hydropower purchase obligation (HPO). The roadmap is being created in line with the Ministry of Power’s (MoP) letter issued on January 29, 2021.
The MoP in January 2021 had brought out a notice mandating RPO targets for state utilities. One of the key points that stood out in the directive was the ministry’s push for hydropower. In keeping with the notification, the Commission has proposed to amend PSERC (RPO and its compliance) Regulations, 2011.
Stakeholders are expected to revert with their observations, recommendations, and objections within 30 days of the publication of the notice (June 5, 2021). The Commission will hold a public hearing on the matter on June 9, 2021, at 11.30 A.M. via video conferencing.
In the January RPO order, the MoP had asked distribution companies (DISCOMs) to include large hydropower projects commissioned after March 8, 2019, in their RPO targets.