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PSERC: Directing to reduce the Renewable Purchase Obligation (RPO) for year 2019-20 and 2020 21 by 1.50% and 2.00% respectively

PSERC: Directing to reduce the Renewable Purchase Obligation (RPO) for year 2019-20 and 2020 21 by 1.50% and 2.00% respectively

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In the matter of: Due to unprecedented conditions in view of the force majeure situation arising due to severe restrictions on movement of public in the State due to the spread of COVID-19 and continue supply of electricity being an essential service in larger public interest, Govt. of Punjab, Department of Power has issued directions vide letter No. letter No. 01/04/2020-EB(PR)/185-186 dated 07.04.2020 to the Commission under Section 108 of the Electricity Act, to exempt the fixed charges for medium supply (MS) and large supply (LS) industrial consumers for the next 2 months from 23.03.2020 and to fix energy charges to commensurate with reduction in fixed charges (single rate) and further directing to reduce the Renewable Purchase Obligation (RPO) for year 2019-20 and 2020 21
by 1.50% and 2.00% respectively

For more information please see below link:

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Anand Gupta Editor - EQ Int'l Media Network

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