Uttar Pradesh discom to deposit Rs 72.45 bn in RPO Regulatory Fund

22 Jun 2021 CW Team

In a recent order, the Uttar Pradesh Electricity Regulatory Commission (UPERC) ordered Uttar Pradesh Power Corporation (UPPCL) to pay Rs 72.45 billion in the renewable purchase obligation (RPO) Regulatory Fund.

The total amount of Rs 72.45 billion comprises Rs 14.59 billion for the shortfall in RPO compliance till FY21 and Rs 57.85 billion against proposed RPO obligations for FY 2021-22.

The Commission asked the UPPCL to pay the sum in ten equal instalments and stated that the amount would be used to obtain renewable energy, including hydropower. The payment for acquiring hydropower will also be done through the RPO Regulatory Fund.

On behalf of the distribution companies (discoms) of Uttar Pradesh, UPPCL had filed a petition asking for relaxation regarding the execution of the RPO Regulatory Fund as mandated by the UPERC order dated December 30.

UPPCL, in its submission, stated that it had partly complied with the Commission’s order concerning the execution of the RPO Regulatory Fund. Though, the total amount was yet to be paid.

The Commission had also urged UPPCL to submit the year-wise status of the RPO compliance showing the amount of backlog cleared till March 31.

Additionally, UPPCL said that as per the directions declared by the Commission, the payments to renewable generators were being routed through the RPO Regulatory Fund created by UPPCL. The discom added that a total amount of Rs 7.09 billion was paid to renewable generators till May.

UPPCL stated that the backlog of non-solar RPO and hydropower purchase obligation (HPO) was mainly due to the delay in the commissioning of some projects because of the Covid-19 pandemic.

Image Source

Also read: India extends $100 mn credit line to Sri Lanka for solar projects

Also read: Hybrid, solar and wind energy projects of 9 GW to be set up soon

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..