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AERC Draft Amendment Sets Renewable Energy Targets for 2024-

December 06,2024

AERC Draft 4th Amendment Sets Renewable Energy Targets for 2024-30

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AERC proposed a 4th amendment to its Renewable Purchase Obligation (RPO) regulations, revising Renewable Energy consumption targets from 2024-30. The amendment includes Wind, Hydro, and distributed Renewable sources, with an emphasis on projects after March 31, 2024. It introduces flexibility for shortfalls and penalties for non-compliance, aligning with the Ministry of Power’s 2023 framework.

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