Blog

REC trade result – August 2019

The August trade session saw a reduction in demand for both non-solar & solar.  In the case of supply, the availability of solar & non-solar both reduced from last trade session. Prices increased for both solar & non-solar RECs on IEX.  Non-Solar: non-solar RECs traded at the price of INR Read more…

By Team REConnect, ago
Additional Surcharge

GERC exempts Additional Surcharge for the current session of April to September 2019

Recently the Gujarat Electricity Regulatory Commission published an order related to the additional surcharge payable by Open Access consumers. According to the calculations specified in the order, the amount of Additional Surcharge of Rs. NIL/kWh will be applicable to the consumers of MGVCL, UGVCL, PGVCL & DGVCL under Open Access. Read more…

By Team REConnect, ago
Blog

JERC for the state of Goa and Union Territories announce Net Metering Regulations, 2019

Joint Electricity  Regulatory Commission of Goa & Union Territories of India, recently announced the Net metering Regulations 2019. The regulations will be eligible to  Grid Connected Rooftop mounted, ground-mounted and floating Solar Power Projects. The summary of the regulations is as follows: The regulations have also specified the application & Read more…

By Team REConnect, ago
Blog

REC trade result – July 2019

The July trade session saw a reduction in demand in both solar & non-solar, though it remained well above available supply. Prices increased for both solar & non-solar RECs.  Non-Solar: Non-solar RECs traded at the price of INR 1705 at PXIL (70.5% above the floor price) and INR 1650 at Read more…

By Team REConnect, ago