We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 30th April 2014. Following is a brief of the analysis: April 2014 was the first month of compliance year FY 2014-15. As expected, the volumes in non-solar and solar REC markets nosedived Read more…
Uttarakhand – the only state in the nation to have imposed penalty for non-compliance of RPO, has once again stood by its tough stand in the order dated – 22nd Jan 2014. In the order (refer) – UERC has considered UPCL’s non-compliance as willful contravention of the direction of the Read more…
Uttarakhand Electricity Regulatory Commission (UERC) on April 10th 2014, released a joint order in case of 9 captive power producers, having co-generation units. The petitioners (CPPs with co-gen plants) in reply to show-case notice issued by commission (UERC) on 12th March 2013, had prayed to relax the RPO regulations since Read more…
Karnataka electricity regulatory commission (KERC) has finalized the average pooled purchase cost (APPC) for FY 2013-14. The finalized APPC of FY14 is Rs. 3.14 per unit, on the basis of audited accounts data furnished by ESCOMs, which is up by 7 paise. Our previous blog-post on APPC of FY14 can Read more…
India’s ministry of new and renewable energy (MNRE) is favoring REC markets for development of solar power. Eminent members of the ministry are of the view that solar REC markets will revive soon as they expect buyers jumping in. This optimism is when physical solar power comes at a lower Read more…
Delhi discoms – BRPL, BYPL and TPDDL have all filed a petition to Delhi electricity regulatory commission (DERC) for approval of annual revenue requirement (ARR) of FY 2014-15. In terms of renewable energy resource capacity, Delhi is indeed poor as compared to other states. Therefore, to comply with RPO targets Read more…
Vishal Pandya, as co-chair IET Solar Panel India, has co-authored a whitepaper on the title – “Recent developments in Net-Metering in India & way forward” The paper focuses on most recent developments in the net-metering scheme for small scale solar projects across India and also analyses the case when Renewable Read more…
The following are the key issues discussed w.r.t REC markets – The concept of REC multipliers for solar was endorsed in principal. It was also decided that a detailed note be prepared on the desirability and feasibility of merger of solar and non-solar REC in future, and the issue be Read more…
Dear Reader, We are pleased to present Open Access Vol 40 – our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. Key points covered in this newsletter are: 1) Two important announcements – Infuse Ventures – a clean tech focused venture capital fund invested Read more…
In an order dated 24th March 2014, state electricity regulator of Jharkhand (JSERC) is of the view that the captive power plant of Bokaro Steel Plant (a unit of Steel Authority of India) can be regarded as a co-generation plant. This means that power consumption from CPP of BSL will Read more…
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