The Haryana Electricity Regulatory Commission (HERC) has amended its renewable purchase obligation (RPO) policy to include wind energy in the RPO and move solar energy into the ‘other RPO’ category.
The changes are in line with the regulation issued by the Ministry of Power (MoP).
Since the RPO targets for the financial year (FY) 2023 are based on the current trajectory specified in the HERC’s 2021 renewable regulations, the new RPO trajectory will be effective from FY24.
According to the regulator, the RPO for wind energy will be fulfilled by energy produced from wind projects commissioned after March 31, 2022. The RPO may also be satisfied by the excess wind energy consumed beyond 7% of total energy consumption from wind projects commissioned before March 31, 2022.Further, any shortfall in achieving other RPO in a year can be met with the excess energy consumed from…
Haryana Notifies Wind, Hydro & Energy Storage Obligation Until FY30
