PURCHASE OF RENEWABLE ENERGY

CALL FOR RENEWABLE PURCHASE OBLIGATION (RPO) COMPLIANCE THROUGH PURCHASE OF RENEWABLE ENERGY CERTIFICATES RECs)

For the attention of Obligated Entities (Distribution Companies, Captive Power Consumers and Open Access Consumers) in India. So, renewable energy development is of strategic importance for India from the point of view of long-term energy supply security, decentralization of energy supply particularly for the benefit of the rural population, environmental benefits, sustainability. And it also reduce carbon footprints of the economy.

Electricity Act 2003 has made RPOs mandartory for Obligated Entities.

RPOs can also be met either by purchasing electricity from renewable sources or by purchasing RECs.

Non-compliance of RPOs attracts penalties under Section 142 of the Electricity Act.

Are you an Obligated Entity?

REC Regulation 2010 and court orders have mandated RPO Compliance.

Comply RPO by purchasing RECs for the year 2016-17 before 31 March 2017 and avoid huge penalties.

REC trade takes place on last Wednesday of every month on power Exchanges For more details log on to www.iexindia.com or www.pxil.com

For more information, refer to RPO regulation of the respective State Electricity Regulatory Commissions (SERCs)

Electricity

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Turn organic with bamboo décor this summer

From flooring to mats to furniture, the bamboo is a trend. So, the bamboo is catching on big time in India. Moreover, you don’t drool over beautiful bamboo furniture in a picture of a tropical resort, in a magazine, anymore. People are imbibing this style at their homes-custom-made bamboo bedroom. You can also make a chic bamboo lampshade at your studio. Or even a bookshelf made out of bamboo that will hold everyone’s attention.

Ke Chenyi, an interior designer with Ikea, Shanghai, is researching the use of bamboo to make furniture due to high demand. Bengaluru-based Sandeep Sangaru has developed a furniture line in bamboo that’s strong and striking. “Since bamboo is sustainable and people are turning eco-friendly, we are trying to be as innovative as possible.’’

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