Discoms fined over green obligations
New Delhi: Delhi’s power regulator, DERC, has imposed penalties to the tune of Rs 1.71 crore on discom TPDDL and Rs 2.9 crore each on BYPL and BRPL for defaulting on renewable energy purchase obligations (RPO) for three financial years. The Delhi Electricity Regulatory Commission (DERC) in its order last month found default on the part of the three power discoms in meeting their RPO.
A spokesperson of Tata Power Delhi Distribution Ltd said the order by DERC was under examination and an appropriate course of action will be decided.
“Sufficient renewal power or renewable energy certificate (REC) is not available at reasonable rates at power exchanges, to meet RPO compliance.
“If discoms meet RPO obligations in an uneconomical way, it will have serious negative financial implications and will in fact burden consumers with additional tariff,” he added.
BSES discoms have signed long term agreements for around 1,700MW green power at very competitive rates, which will raise share of renewable energy in BSES portfolio to 27% by 2021-22, said a company spokesperson.