UPERC directs UPPCL to create separate RPO fund

The Uttar Pradesh Electricity Regulatory Commission has directed Uttar Pradesh Power Corporation Limited (UPPCL) to create a separate RPO regulatory fund. The commission has directed UPPCL to deposit the amount of the respective shortfalls in solar and non-solar purchase obligations until 2019-20 at the rate of Re 1 per kWh. The amount deposited will be used to procure renewable energy power as per the roadmap provided by UPPCL.