After Punjab State Electricity Regulatory Commission (PSERC) slapped a fine of ₹11 lakh on Punjab State Power Corporation Limited (PSPCL) for not meeting the renewable power obligation, the corporation has floated tenders for purchasing solar and non-solar power from renewable sources to avoid further embarrassment.
As per the Union government guidelines, power distribution companies are bound to purchase at least 10% of the power required from renewable energy sources. Though Punjab meets the obligation in solar power, it doesn’t have enough capacity to generate non-solar power, particularly from biomass.
The PSPCL has been falling short of renewable power obligations. As per the PSERC figures, the net non-solar renewable power obligation shortfall is 848.42 MU up to 2017-18. Read More
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