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July 2015

Renewable Energy Certificate REC

Punjab Regulatory takes Strict note on RPO complaince of PSPCL

The PSERC (Punjab Electricity Regulatory Commission) in response to a petition filed by Punjab State Power Corporation Limited (PSPCL) pertaining to RPO compliance of FY 2014-15, in which the PSPCL has requested before the commission for carrying forward the compliance of RPO to next financial year (FY 2015-16). Earlier the Read more…

By Team REConnect, 4 years ago July 30, 2015
Floor and Forbearance Price of REC

REC Trade Results July 2015

July’s trading session saw a stagnant response from the demand side. Though, the current demand while comparing it to previous year’s session of July was 3 times higher in Solar and 5 times in Non Solar segment, it indicated a lower compliance when comparing it to trading sessions of 2015. Read more…

By Team REConnect, 4 years ago July 30, 2015
Capital Subsidy Scheme

Maharashtra Renewable Energy Policy 2015

Maharashtra Government has finalized its final Renewable Energy Policy. The policy will be known as Maharashtra Renewable Energy Policy 2015. Regional committee will be established to monitor the overall progress of the policy and will be headed by the principal secretary of energy. The brief details of the guidelines and Read more…

By Team REConnect, 4 years ago July 29, 2015
Preferential Tariff

PSERC Finalizes RE Tariff for FY 15-16

The PSERC (Punjab Electricity Regulatory Commission) on 24th July 2015 has finalized the tariff for Renewable Sources of Energy. The tariff will be applicable for the projects to be commissioned during the year 2015-16. Previously in the May 2015, the commission notified a draft for the determination of the RE Read more…

By Team REConnect, 4 years ago July 25, 2015
Tariff Order

Rajasthan Determines Tariff for Biomass, Biogas and Biomass Gasifier Based Projects

The Rajasthan Regulatory Commission (RERC) through an order dated 08th July has determined the tariff applicable for the projects getting commission during FY 15-16. The tariff has been calculated for Biomass, Biogas and Biomass Gasifier based power projects. The brief details of the tariffs finalized are shown in the table Read more…

By Team REConnect, 4 years ago July 17, 2015
Electricity Act

Analysis on Draft Renewable Energy Act – 2015

A much awaited The Renewable Energy Act – 2015 (DRAFT) has been announced recently. A brief analysis for the same is presented for your kind reference. Why is the RE Law needed? The Electricity Act (Amendment) Bill 2015 (proposed) provides many key provisions for the promotion of renewable energy resources including Read more…

By Team REConnect, 4 years ago July 17, 2015
Open Access

KERC Proposes Amendment to RPO Regulation

The Karnataka Electricity Regulatory Commission (KERC) in a recent notification has proposed an amendment to its RPO (Renewable Purchase Obligation) regulation. The amendment will come into force from the date of its publication in the official gazette. The Proposed amendment defines the solar RPO percentages as well, which was not Read more…

By Team REConnect, 4 years ago July 16, 2015
Uncategorized

Rajasthan Draft Open Access Regulation 2015

The Rajasthan Electricity Regulatory Commission (RERC) in a latest Notification has proposed new Open Access Regulation. The regulations will come into force on the date of their publication in the official gazette. However the open access under these regulations shall be allowed from the date of issue of detailed procedure Read more…

By Team REConnect, 4 years ago July 15, 2015
Uncategorized

MNRE Notifies Guidelines for Development of Solar Parks

The Ministry of New and Renewable Energy (MNRE) has recently notified the guidelines for the development of solar parks in the country. Previously in December 2014, the ministry had finalized scheme for the development of Solar Parks, targeting a capacity of 20 GW through this scheme. The scheme rolled out Read more…

By Team REConnect, 4 years ago July 10, 2015
Floor and Forbearance Price of REC

Analysis of the 5th Amendment to REC Regulations

Background: Recently, CERC proposed the 5th amendment to REC regulations. The gist of proposed changes is: Captive generators and portion of power for self-consumption will no longer be eligible for RECs If an open access (OA) project avails concessional wheeling, banking or cross-subsidy benefits, it will not be eligible for Read more…

By Team REConnect, 4 years ago July 8, 2015

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