The Rajasthan Electricity Regulatory Commission (RERC) has sanctioned Rajasthan Urja Vikas & IT Service to procure 1,000 MW of solar power from seven different developers. RUVITL signed power purchase agreements with the chosen developers between February and March 2024 for a duration of 25 years. The decision, designed to meet the state’s renewable energy purchase obligations (RPO) and daytime power demand, upheld the competitive bidding process and approved tariffs ranging from Rs 2.61 per kWh to Rs 2.62 per kWh. The approval of this procurement is anticipated to raise the attainment of the other RPO category from 26.35 per cent to 27.77 per cent.
In February 2024, the RERC issued an order, increasing the net metering limit for rooftop solar systems from 500 kW to 1 MW.
In December 2023, the RERC granted permission for the annual adjustment of tariffs for biomass projects within the state, contingent upon fluctuations in variable expenses such as fuel costs.
