Times of India | 5 days ago | 22-09-2022 | 02:40 am
400 words + GFXPanaji: The state cabinet on Wednesday granted approval to purchase 50 megawatt renewable power per annum at the rate of Rs 5.1 per unit from M/s Arunachal Pradesh Power Corporation Pvt Ltd (APPCPL) for the period November 1, 2022 to October 31, 2026 to meet the Solar Renewable Purchase Obligation.The Joint Electricity Regulatory Commission (JERC) has notified the regulations of JERC (Procurement of Renewable energy) Regulations, 2010. In accordance with Regulation 1 of the aforementioned regulations, each distribution licensee shall purchase electricity (in kWh) from renewable energy sources, at a defined minimum percentage of the total consumption of all the consumers in its area during a year.“Where any obligated entity fails to comply with the obligation to purchase the required minimum quantum of purchase from renewable energy sources or procure the renewable energy certificate, it shall also be liable for penalty as may be decided by the commission under Section 142 of the Electricity Act,” a senior officer said.The officer said that the commission may empower an officer of the state agency to operate the fund and procure from the Power Exchange the required number of certificates to the extent of the shortfall in the fulfillment of the obligations, out of the amount in the fund.“In case of genuine difficulty in complying with a Renewable Purchase Obligation, the obligated entity can approach the commission for carry forward of compliance requirement to the next year. However, credit for excess renewable energy purchase would not be adjusted in the next year,” a senior officer said.In order to fulfil the target and avoid penalty on non-compliance of target, the electricity department had floated the tender for procurement of solar power through DEEP E-bidding portal of the ministry of power, government of India.The tender was extended twice, however, only one party quoted at the rate of Rs 5.49/kWh. The tender was rejected as being economically not viable. Hence, the LOI was issued to M/s Manikaran Pvt Ltd on nomination basis for purchase of solar power at the rate of Rs 5.1 per unit with the approval of the finance department.“While further exploring the market to fulfil the solar power requirement, M/s Arunachal Pradesh Power Corporation Pvt Ltd (APPCPL) approached the electricity department and submitted its offer of 50 MW solar power at the rate of Rs 5.1 per unit, and the proposal was cleared by the cabinet,” the officer said.