Dis­coms fined over green obli­ga­tions

The Times of India (New Delhi edition) - - Times City -

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.

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