Minister for New & Renewable Energy, Dr. Farooq Abdullah today said in Lok Sabha, that the Forum of Regulators (A forum comprising of Chairperson of the
Central Electricity Regulatory Commission and Chairpersons of the State
Electricity Regulatory Commissions) has approved a Model Regulation for
State Electricity Regulatory Commissions (SERCs) on Renewable Purchase
Obligation (RPO) and its compliance, wherein there is a provision for
levy of compliance charge on the basis of the shortfall in units of RPO
at the forbearance price decided by the Central Commission, in event of
obligated entities not fulfilling the renewable purchase obligation.
The Electricity Act, 2003 mandates SERCs to specify a percentage of
total power consumed by the obligated entities from renewable energy in
their States. The responsibility of monitoring and also ensuring
compliance of the same lies with the concerned SERCs.
