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HERC announces amendments to the Renewable Purchase Obligation Regulations 2017

Haryana Electricity Regulatory Commission recently announced partial amendments to the (Terms and Conditions for determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation and Renewable Energy Certificate) Regulations, 2017. This is the second amendment of the regulation. The new changes published are as follows: The entities obliged to abide Read more…

By Team REConnect, ago
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REC trade result – June 2019

The June trade session saw an upward trend in both solar & non-solar. However, demand continued to exceed supply both in the case of solar & non-solar.  Non-Solar: This session the RECs were traded at the price of INR 1555 at PXIL (55% above the floor price) and INR 1600 Read more…

By Team REConnect, ago
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DERC announces final guidelines for (Group Net Metering & Virtual Net Metering for Renewable Energy) 2019

Delhi Electricity Regulatory Commission has issued the final guidelines for implementation of Group Net Metering & Virtual Net Metering framework under DERC (Net Metering for Renewable Energy, 2014).) The draft guidelines were issued in December 2018. The Group Net Metering framework will be applicable for all consumers of National Capital Read more…

By Team REConnect, ago
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Analysis of the Rajasthan High Court Order in Petition Challenging the Validity of the DSM Regulations

The Rajasthan High Court pronounced its judgment recently in a petition that challenged the validity of the Forecasting, Scheduling, and Deviation Settlement Mechanism regulations 2017, of the state (referred to as “DSM Regulations”).  In the petition, wind generators had argued that the DSM regulations of the state were invalid and Read more…

By Team REConnect, ago
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REC trade result – May 2019

The May trade session saw an increase in traded volume compared to the last trading session. However, since demand continues to exceed supply, prices remained firm in case of solar, whereas the non-solar prices saw a dip. Non-Solar: This session the RECs were traded at the price of INR 1450 Read more…

By Team REConnect, ago