(1.) In exercise of the powers conferred under Sections 61, 66, 86 (1) (e) and 181 of the Electricity Act, 2003 and all other powers enabling it in this behalf, the Commission has notified the MERC (Renewable Purchase obligation, its compliance and Implementation of REC framework) Regulations, 2010 [ hereafter referred as "MERC (RPO -REC) Regulations, 2010"] on June 7, 2010.
(2.) Under the said RPO Regulations, the Commission has specified the Renewable Purchase Obligation (RPO) targets for Obligated Entities, including the Tata Power Co. Ltd Distribution (hereafter TPC -D), for FY 2010 -11 to FY 2015 -16. The RPO targets, as specified in the Regulations, are as given below:
(3.) Regulation 12 of MERC (RPO -REC) Regulations, 2010 empowers the Commission to deal with shortfall in compliance of RPO target by Obligated Entities in manner outlined under said Regulations upon ascertaining such shortfall. The relevant extract is reproduced below: