Since the launch of the scheme last year, the government is buoyant on the renewable energy certificate (REC) market to increase the capacity of the sector. But given that the scheme is market-based, it hinges on the fragile commitments by states to meet their renewable energy purchase obligation (RPO) target. Their failure to source the committed amount of energy from renewable sources would mean REC mechanism would be just another all-bark-and-no-bite scheme of the government.
| |
| |
2010-11 targets VS. 2009-10 achievement |
Non – Solar |
| State |
RPO (%)
Revised
Targets
(2010-
11) |
% Achieved
In-
house
(2009-
10)* |
Shortfall
(MU) |
REC
Require-
ment |
Minimum
Cost
INR Millions
(floor price) |
Maximum
Cost INR
Millions
(forbea-
rance
price) |
| Haryana |
1.50% |
0.01% |
487 |
487528 |
731.29 |
1901 |
| Punjab |
4.00% |
1.49% |
1051 |
1051816 |
1577.72 |
4102 |
| Rajasthan |
8.50% |
3.23% |
2379 |
2379352 |
3569.03 |
9279 |
| Uttar Pradesh |
4.00% |
2.97% |
670 |
670973 |
1006.46 |
2617 |
| Uttarakhand |
4.00% |
2.18% |
168 |
168605 |
252.91 |
658 |
| Chhattisgarh |
5.00% |
3.62% |
140 |
140401 |
210.60 |
548 |
| Gujarat |
5.00% |
2.55% |
1654 |
1654853 |
2482.28 |
6454 |
| Madhya Pradesh |
0.80% |
0.06% |
285 |
285855 |
428.78 |
1115 |
| Maharashtra |
6.00% |
4.25% |
1872 |
1872308 |
2808.46 |
7302 |
| Andhra Pradesh |
5.00% |
4.06% |
718 |
718903 |
1078.35 |
2804 |
| Karnataka |
10.00% |
11.04% |
-484 |
-484921 |
-727.38 |
-1891 |
| Kerala |
3.00% |
0.51% |
442 |
442324 |
663.49 |
1725 |
| Tamil Nadu |
14.00% |
13.79% |
157 |
157546 |
236.32 |
614 |
| Orissa |
4.50% |
1.59% |
650 |
650734 |
976.10 |
2538 |
| West Bengal |
2.00% |
0.34% |
596 |
596040 |
894.06 |
2325 |
| Total : |
|
|
10792.31 |
10792314 |
16188.47 |
42090.03 |
| *State performances for the year 2010-11 are not available yet. Hence previous year's share is assumed for 2010-11 as well. |
| Source: CSE computation from state regulatory commission orders |
|
| |