We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th March 2014. Following is a brief of the analysis: With this trade session, a 12-month long financial year FY 2013-14 comes to an end. The prices for both credits (solar as Read more…
Gujarat government has recently banned its state distribution companies from buying power from other states. These discoms will now have to procure power from state power generators. Power procurement from state power generators means industries will now have to shell out more money from their pockets. The increase of Rs. Read more…
JERC; the joint electricity regulatory commission for the state of Goa and UTs has recently proposed a draft to its principal RPO regulations of 2010. The main highlight of the amendment is the declaration of RPO targets from FY14-FY22. The targets set for the years till FY22 are as in Read more…
Electricity Regulator of Maharashtra (MERC) on 6th March 2014 released 3 separate orders with regards to verification of RPO compliance of state discoms; namely Reliance Infrastructure Limited – Distribution (RIL-D), Tata Power Company – Distribution (TPC-D) and Brihan Mumbai Electric Supply and Transport (BEST). Maharashtra currently has the following defined Read more…
Gujarat Electricity Regulatory Commission (GERC) on 4th March 2014 amended its principal RPO regulations of 2010. In these regulations, Gujarat set its RPO targets post FY13. The RPO set are from FY14 to FY17. Gujarat announced 10% of energy procurement to come from renewable sources, for its obligated entities for Read more…
Hon’ble Rajasthan Electricity Regulatory Commission (RERC) has recently proposed an amendment to its principal RPO regulations. Comments have been invited by all stakeholders no later than 18th March 2014. Link to the proposal – http://rerc.rajasthan.gov.in/cnpl/PDFs/REC.pdf These changes, if incorporated into the RPO regulations will have significant impact on CPPs and OA Read more…
We thank solar industry expert – Mr. Gopal Lal Somani, who has graciously provided his inputs and comments on the results of bidding process. The MNRE had authorized Solar Energy Corporation of India (SECI) to implement NSM Phase 2 program. In light of this, SECI auctioned 750 MW of solar Read more…
We are pleased to present the 39th Volume of “OPEN ACCESS” – our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Detailed analysis of the bidding under JNNSM Phase 2 by solar industry export Shri Gopal Somani Various regulatory updates including review of revised procedures for RECs accreditation, registration and issuance. Details Read more…
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