The Maharashtra Electricity Regulatory Commission (MERC) has disposed of a petition filed by Oil and Natural Gas Corporation Limited (ONGC) seeking clarification for applicability of renewable purchase obligation (RPO) targets for its captive power projects (CPPs), mandated as per RPO Regulations 2016, in view of the clarification issued by Ministry of Power (MoP) vide its notification dated February 1, 2019. ..
The MoP had clarified that RPO of the CPP may be pegged at the RPO level applicable in the year in which the CPP was commissioned. ONGC stated that its CPPs were commissioned way back in 1984 and 2000 when the RPO Regulations were not even notified. Therefore, under such circumstances, ONGC is not clear whether RPO targets are applicable to it. ONGC further stated that as per mandate under RPO Regulations 2016, ONGC is fulfilling its RPO targets by purchasing RECs since 2016-17. The commission stated that ONGC is required to comply with RPO target of 9 per cent as per MERC (Renewable Purchase Obligation, its Compliance and Implementation of Renewable Energy Certificates Framework) Regulations, 2019 for its period of applicability.