Electricity amendment bill to include penalty norms for PPAs and RPOs

The proposed electricity amendment bill will include penalty provisions, stricter enforcement of power purchase agreements (PPAs) and renewable purchase obligations (RPOs). The move comes in the wake of renewable energy producers facing offtake issues on power that they have not already tied up for sale through long-term PPAs. It will also ensure that all discoms have PPAs to cover their 100 per cent RPO requirement. Meanwhile, all state energy ministries have been advised to set upper limits for cross-subsidisation charges in tariffs to supplement industry competition.

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