For the current fiscal (FY14), the Punjab Discom has to purchase around 400,000 RECs and the shortfall of 114800 will eventually entail over 500,000 RECs to be purchased by end of December 2013.
PSPCL/PEDA | FY13 | ||
in MUs | Shortfall (+/-) | in MWh | RECs required |
Non Solar Obligation | 114.8 | 114800 | 114800 |
Solar Obligation | 25.8 | 25800 | 25800 |
? | 140.6 | 140600 | 140600 |
With?Maharashtra?and Delhi also pushing for RPO on similar lines, it is expected that the buy side participation ?will improve in the ?poorly performing REC market.
For the copy of the order –?Click Here
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