TAG: "RCO"

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CERC Proposes INR 245/MWh Buyout Price for Renewable Consumption Obligation Compliance

CERC has proposed a INR 245/MWh buyout price as an alternate RCO compliance option, linking future rates to 105 percent of average REC prices, inviting stakeholder feedback by November 21, 2025.

RCO | October 31, 2025 | By EI News Network | 879

Govt. Updates Renewable Energy Consumption Rules for Electricity Consumers

The Central Government has specified the minimum renewable energy consumption for distribution licensees, open access consumers, and captive users, defining obligations for electricity from renewable sources.

RCO | October 08, 2025 | By EI News Network | 1009

CERC Drafts Guidelines for Virtual Power Purchase Agreements to Boost RE Consumption

CERC has proposed guidelines for Virtual Power Purchase Agreement, which will enable designated consumers to meet renewable energy consumption obligation targets. This is expected to support India’s 500 GW clean energy mission.

RCO | May 25, 2025 | By EI News Network | 1992

MoP Issues Draft Amendment to Renewable Consumption Obligation Framework

The Ministry of Power has issued a draft amendment to the Renewable Consumption Obligation (RCO) framework under the Energy Conservation Act, 2001. It proposes stricter compliance, flexibility in renewable sourcing, and penalties for violations. Stakeholders can submit feedback by April 18, 2025.

RCO | March 28, 2025 | By EI News Network | 3712