BRPL and BYPL to procure renewable power online

Reliance-owned power distribution companies BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) are likely to undertake purchase of 700 MW of renewable power through an online reverse auction. The discoms plan to procure power at under Rs 5 per unit which is likely to yield a saving of Rs 2 billion in meeting its renewable purchase obligations (RPOs). The Delhi Electricity Regulatory Commission has set the RPO target at 9 per cent comprising purchase of 0.35 per cent from solar plants by 2016-17.