JSERC (Renewable Energy Purchase Obligation and its compliance) (Second Amendment) Regulations, 2024

The Jharkhand State Electricity Regulatory Commission (JSERC) on March 15, 2024, issued the JSERC (Renewable Energy Purchase Obligation) (Second Amendment) Regulations, 2024, to further amend the JSERC (Renewable Energy Purchase Obligation) Regulation, 2016. This shall come into force on April 01, 2024. The following has been amended namely - In Chapter A5, clause 5.2 states “Every Obligated entity shall purchase electricity (in kWh) from renewable energy sources, at a defined minimum percentage of its total consumption as an Obligated Entity during a Year”, a new table covering years from 2024 to 2030, shall be substituted. It specifies that the Hydro Renewable Energy component shall met from Hydro Power Projects located outside India as approved by the Central Government.