POSOCO responsible for single window clearance for green energy open access

The Ministry of Power (MoP) has notified that Power System Operation Cooperation Limited (POSOCO) will be its central nodal agency for setting up and operating a single window clearance system for green energy open access. This notification is made under Rule 6(1) of Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules 2022.

The Green Open Access Rules, 2022 were notified in June 2022 for promoting generation, purchase and consumption of green energy including the energy from waste-to-energy plants through open access. The notified rules enable simplified procedure for the open access to green power. This will enable faster approval of green open access, uniform banking, voluntary purchase of renewable power by commercial and industrial consumers, applicability of open access charges etc. Further, the limit of open access transaction has been reduced from 1 MW to 100 kW for green energy.

Also recently in July 2022, MoP notified the renewable purchase obligation and energy storage obligation up to fiscal year 2029-2030. According to this order, total prescribed RPO will progressively increase from 24.61 per cent in 2022-23 to 43.33 per cent by 2029-30.

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