The discoms currently purchase renewable energy as part their RPOs. The draft rules have the following subheads within which details are provided:Renewable Purchase Obligation (RPO); Green energy open access; Nodal Agencies; Procedure for grant of green energy open access; banking; and cross subsidy surcharge," the statement said. Once the rule is implemented, a discom can exclusively purchase green electricity and supply it at a ‘green tariff’, which will be the weighted average tariff of green energy that the consumer will pay. “These draft rules also propose guidelines for green energy open access and state that “ The Appropriate Commission shall put in place regulations in accordance with this Rule to provide Green Energy Open Access to consumers who are willing to consume the Green energy," the statement said. Ensuring open access will also likely attract large green electricity consumers to set up captive green energy plants.

Source: Mint August 16, 2021 13:30 UTC