Uttarakhand Power Corporation Ltd penalized by UTTARAKHAND ELECTRICITY REGULATORY COMMISSION for non-compliance of RPOs

In a breather for all those developers who have put up Solar plants under the REC scheme, the UERC comes as a shot in the arm, under these orders, the Commission decided to impose a penalty of Rs. 20,000/- on Managing Director of the respondent Company.

It was further ordered:

a. The aforesaid penalty be deposited within 30 days of this Order.

b. The pending procurement of RECs ordered vide order dated September 11, 2013 be done expeditiously but before March 31, 2014. Non-compliance will attract an additional penalty of Rs. 2,000/- per day thereafter.

Click here for the Full Order

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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