Examples of Renewable Purchase Obligation in a sentence
A) Punjab State Electricity Regulatory Commission (PSERC) as per Notification No. PSERC/Secy./Reg./55, dated 03.06.2011, has issued the Punjab State Electricity Regulatory Commission (Renewable Purchase Obligation and its compliance) Regulations, 2011 and thereafter amendments thereto, for the promoting the Solar Energy in the state of Punjab.
AND, WHEREAS the Gujarat Solar Power Policy 2021, Gujarat Wind Power Policy 2016 and Gujarat Wind – Solar Hybrid Power Policy 2018 stipulates that the obligated entities shall purchase solar / wind / wind-solar hybrid power to fulfil their Renewable Purchase Obligation (RPO) at the tariff determined through competitive bidding.
MSEDCL shall purchase energy units supplied by Generator maximum upto MW mentioned in this agreement to fulfill the Renewable Purchase Obligation binding on both the parties as declared by MERC from time to time.