India Power Corporation Ltd is augmenting its renewable power procurement plans to meet the mandatory Renewable & Cogeneration Purchase Obligation (RPO) targets as part of its green sustainability goal.
"IPCL as an integrated power generation and distribution company with plans to ramp up both conventional and renewable energy portfolios, aims to make RPO an in-built process rather than mandatory obligation and intends to reinforce its energy sustainability model," IPCL chairman Hemant Kanoria said at the company's AGM here today.
In 2013-14 IPCL procured 0.727 million units of solar power from Seebpore unit of West Bengal Green Energy Corporation or about 0.07% of the total power requirement of the company in its distribution command area.
Procurement cost of solar power was pegged at around Rs 5 per unit, company sources said.
