Tata Power Central Odisha Distribution Limited

Tata Power – Upgrading To Renewable Will Cost An Additional 84 Paise…

Tata Power Central Odisha Distribution Limited (TPCODL) has presented a proposal to the Odisha Electricity Regulatory Commission (OERC) proposing to offer green energy at an extra cost of 84 paise per unit to users interested in switching to renewable energy.

Tata Power

Tata Power said in its tariff application for 2022-23 that for an initial period of one year, a green tariff may be applied to customers who opt to buy renewable energy to the degree of their demand.

While customers would have the option of using renewable energy, they will be need to commit to purchasing power for at least three months. This will enable Tata Power to make more informed power purchase decisions in the near term market, if necessary, the distribution utility stated.

“Users who choose renewable energy will get a green power certificate on a monthly basis reflecting the green power price,” Tata Power Central Odisha Distribution Limited stated, adding that additional payments for renewable energy procurement will not raise the cost of electricity for other consumers.

The proposed change would allow captive power plants in the state that generate electricity using fossil fuels to satisfy their renewable (power) procurement obligation (RPO) via the purchase of green energy.

This is a Syndicate News Feed; edited by Clean-Future Team