The Maharashtra State Electricity Distribution Company Limited(MSEDCL) has filed a petition before the Maharashtra Electricity Regulatory Commission (MERC) seeking its approval for the procurement of 500 MW of flexible and schedulable power to fulfill its Renewable Purchase Obligation (RPO).
The MSEDCL wants to procure the power from renewable energy sources along with energy storage facilities for a period of 25 years. The petitioner also seeks the approval of tender documents.
MSEDCL has stated that it has already contracted 9,852 MW of renewable power as on March 31, 2019, and has planned to contract around 8,000 MW of renewable energy especially solar power to meet its RPO targets. By FY 2021-22, around 16,500 MW of renewable power is expected to be fed into the grid, says the petition.
In the petition, the MSEDCL has added that it is facing difficulties in purchasing Renewable Energy Certificates (RECs) due to the non-availability of adequate quantity of RECs and their increased rates in the market.
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06 September 2019