Ministry of Power (MoP) has appointed POSOCO as the Central Nodal Agency to set up and operate a single window green energy open access system for renewable energy.
Ministry of Power has notified Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022 on 06.06.2022 in order to further accelerate our ambitious renewable energy programmes, with the objective of ensuring access to affordable, reliable, sustainable and green energy for all. The reduction of Open Access Transaction limit from 1 MW to 100 kW and appropriate provisions for cross-subsidy surcharge, additional surcharge, standby charge, will incentivize the common consumers to get Green Power at reasonable rates. Further, since the Rules also address other issues that have hindered the growth of open access, the common consumers can now get access to Renewable Energy power easily.
As per the Electricity Act 2003, the tariff is determined by the Appropriate Commission. Accordingly, the tariff for the green energy shall be determined by Appropriate Commission and shall comprise of the average pooled power purchase cost of the renewable energy, cross-subsidy charges, if any, and service charges covering the prudent cost of the distribution licensee for providing green energy to the consumers. Ministry of Power notified Power System Operation Corporation (POSOCO) as Central Nodal Agency to set up and operate a single window green energy open access system for renewable energy under these Rules. National Portal will serve the consumers from all over the country.