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July 2014

Power Market

REC Trading Report July-2014

REC trading session of July-14 was conducted on 30th July 2014.  Below is a summary of the result:- The total transaction value of non-Solar RECs reached 47.7 INR million and for Solar RECs was 61.5 INR million. The closing balance of RECs showed a whopping increase of 1.3 million in Read more…

By Team REConnect, 5 years ago July 31, 2014
Tariff Order

DERC hikes power tariff in Delhi

DERC in its order dated 17th July, 2014, approved a tariff hike of 8.32% for three DISCOMs, namely BSES Yamuna Power (BYPL), BSES Rajdhani Power (BRPL) and Tata Power Delhi Distribution Ltd (TPDDL), while the tariff for NDMC has been hiked by 9.52%. Since Delhi has recently notified the open Read more…

By Team REConnect, 5 years ago July 31, 2014
Draft Regulation

CSERC Drafts RE Tariff for FY 2014-15

Chattisgarh State Electricity Regulatory Commission (CSERC) has released a draft on 18th July 2014 for the determination of preferential tariff for Renewable Sources of Energy. The commission has invited comments and suggestions latest by 12th August 2014 and a public hearing will be held for the same on 22nd August Read more…

By Team REConnect, 5 years ago July 23, 2014
Draft Regulation

Tripura Draft Amendment in RPO Regulation

Tripura Electricity Regulatory Commission (TERC) on 18th July 2014 has notified a draft for the amendment in its Renewable Purchase Obligation (RPO) compliance Regulation 2010. In this amendment, TERC has proposed RPO percentages for the next three years (i.e. till FY 16-17). It is clearly visible that the TERC in Read more…

By Team REConnect, 5 years ago July 22, 2014
Tariff Order

APERC Approves Fixed Cost Tariff for Biomass

APERC (Regulatory Commission for the states of Andhra Pradesh and Telangana) on 19th July 2014 has rolled out an order determining the fixed cost component of the tariff Payable for the Biomass from the 11th year to 20th year of Operation. The Details on the tariff approved is as below: Read more…

By Team REConnect, 5 years ago July 22, 2014
Renewable Energy

Karnataka: Approved Tariff for Biomass Projects

Karnataka Electricity Regulatory Commission (KERC) through an order on 10th July 2014, has determined tariff for Air Cooled Condenser based Biomass Projects. The order has come in response of a petition filed by M/s Haveri Bio Energy Pvt. Ltd. A hearing was held on 15th May 2014. After hearing all Read more…

By Team REConnect, 5 years ago July 21, 2014
Draft Regulation

JERC Drafts Solar Tariff Regulation

Joint Electricity Regulatory Commission (JERC) for Goa and Union Territories (UT) on 4th July 2014 has released a draft Regulation of Solar Tariff applicable to Ground Mounted Grid Connected & Rooftop Solar with Net Metering. The regulation shall be applicable to all grid connected Solar PV (including rooftop PV) and Read more…

By Team REConnect, 5 years ago July 21, 2014
Renewable Energy

PSERC Draft RE Tariffs for FY 2014-15

Punjab State Electricity Regulatory Commission (PSERC) has released a draft for determination of tariff for Renewable Energy sources on 11th July 2014. PSERC has Invited comments and suggestions by 6th Aug 2014. The graph below shows a comparison between tariff’s of CERC and PSERC over last three years (note that Read more…

By Team REConnect, 5 years ago July 21, 2014
Forecasting & Scheduling

Forum of Regulators discusses Issues of RRF

The 41st meeting of Forum of Regulators held on 27th June 2014 at Delhi. A presentation on the issue “Grid Integration of Renewable Energy Sources” was made by Mr. S.K. Soonee (CEO, POSOCO/NLDC). The mandatory requirement of Forecasting and Scheduling was also been emphasized by regulators present in the meeting. The key Read more…

By Team REConnect, 5 years ago July 19, 2014
Floor and Forbearance Price of REC

Forum of Regulators discusses Issues of RPO

Forum of Regulators (FOR) held its 41st meeting on 27th June 2014, in Delhi. The Ministry of New and Renewable Energy (MNRE), through a presentation, raised several issues concerning Renewable Purchase Obligation (RPO). The Key issues highlighted in the presentations are as below: MNRE suggested that the validity REC’s should Read more…

By Team REConnect, 5 years ago July 19, 2014

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