Details

7.5(A)

Total procurement of electricity from all sources

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The Operating Period of the RPO framework specified under these Regulations shall commence from 1st April, 2020 and shall be valid until 31st March, 2030.

1st & 2nd Proviso of 7.5(A)

Any shortfall in achievement of stipulated Wind RPO in a particular year may be met with HPO which is in excess for that year and vice-versa. The balance excess energy consumption under Wind RPO or HPO component in that year, may be considered as part of the Other RPO component. Any excess energy consumption under Other RPO in a particular year may be utilised to meet the shortfall in Wind RPO or HPO.

7.5(A)

Wind, HPO, Distributed RPO, Other RPO

2nd Proviso of 12.3

Post FY 2023-24, any cumulative shortfall in RE procurement shall not be carried forward for next year and shall be adjusted by imposing reduction in Aggregate Revenue Requirement for Distribution Licensees and imposing penalty for other Obligated Entities.

12.3, 1st, 2nd and 3rd Proviso of 12.3

The Distribution Licensee shall be subjected to reduction in Aggregate Revenue Requirement at a rate of Rs. 0.10 per kWh for cumulative shortfall in total RE procurement target for each year. Other Obligated Entities shall be subjected to penalty of Rs. 0.10 per kWh for cumulative shortfall in total RE procurement target for each year. Post FY 2023-24, any cumulative shortfall in RE procurement shall not be carried forward for next year and shall be adjusted by imposing reduction in Aggregate Revenue Requirement for Distribution Licensees and imposing penalty for other Obligated Entities. If Obligated Entity is able to demonstrate that even after taking all possible measures including procurement of RECs, it is not able to meet RPO target, then the Commission may reduce the penalty amount or allow carry forward of shortfall subject to conditions as may be stipulated in that Order.

12.3, 1st, 2nd and 3rd Proviso of 12.3

The Distribution Licensee shall be subjected to reduction in Aggregate Revenue Requirement at a rate of Rs. 0.10 per kWh for cumulative shortfall in total RE procurement target for each year. Other Obligated Entities shall be subjected to penalty of Rs. 0.10 per kWh for cumulative shortfall in total RE procurement target for each year. Post FY 2023-24, any cumulative shortfall in RE procurement shall not be carried forward for next year and shall be adjusted by imposing reduction in Aggregate Revenue Requirement for Distribution Licensees and imposing penalty for other Obligated Entities. If Obligated Entity is able to demonstrate that even after taking all possible measures including procurement of RECs, it is not able to meet RPO target, then the Commission may reduce the penalty amount or allow carry forward of shortfall subject to conditions as may be stipulated in that Order.

7.5(B), 7.5(C), 12.2

Distribution Licensee shall get incentive of Rs 0.10 per kWh for RE procured above the minimum percentage specified for FY 24-30. Obligated Entities other than Distribution Licensee shall get incentive of Rs 0.10 per kWh for RE procured above the minimum percentage specified for FY 24-30, which shall be paid by the Distribution Licensee supplying electricity to such consumer and recovered from the Aggregate Revenue Requirement of the Supply Business of that Distribution Licensee. Distribution Licensee shall endeavour to achieve total RPO target notified by the Central Government and for doing so it will get incentive of Rs. 0.25 per kWh for RE procured above the minimum percentage specified for FY 22-24, up to the percentage notified by the Central Government.

7.5(B), 7.5(C), 12.2, 1st, 2nd and 3rd Proviso of 12.2

Distribution Licensee shall get incentive of Rs 0.10 per kWh for RE procured above the minimum percentage specified for FY 24-30. Obligated Entities other than Distribution Licensee shall get incentive of Rs 0.10 per kWh for RE procured above the minimum percentage specified for FY 24-30, which shall be paid by the Distribution Licensee supplying electricity to such consumer and recovered from the Aggregate Revenue Requirement of the Supply Business of that Distribution Licensee. Distribution Licensee shall endeavour to achieve total RPO target notified by the Central Government and for doing so it will get incentive of Rs. 0.25 per kWh for RE procured above the minimum percentage specified for FY 22-24, up to the percentage notified by the Central Government. Incentive will not be applicable if Distribution Licensee has not fulfilled Renewable Purchase Obligations on cumulative basis. RE procured during the year for meeting RPO of previous year shall be deducted while determining eligible RE quantum for incentive.