Uttar Pradesh DISCOM Asked to Deposit Over ₹7 Billion In RPO Regulatory Fund
The solar RPO backlog stands at 2,930.33 MUs and non-solar at 4,440.79 MUs
January 7, 2020
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The Uttar Pradesh Regulatory Commission (UPERC) has directed the Uttar Pradesh Power Corporation Limited (UPPCL) to create a separate renewable purchase obligation (RPO) Regulatory Fund. The commission has directed UPPCL to deposit the amount of the respective shortfalls in solar and non-solar purchase obligations until the financial year 2019-20 at the rate of ₹1 (~$0.014)/kWh.