Blog

REC Trade Result – October 2019

The October trade witnessed a two and a half year high MCP of Rs 2,400 for solar REC’s on both the exchanges while the demand remained stable as compared to the previous trade session. Solar RECs traded very close to the forbearance price of Rs 2,500.  Non-Solar: Non-solar RECs traded Read more…

By Team REConnect, ago
Amendment

Madhya Pradesh announces 8th amendment of the Co-generation and Generation of electricity from Renewable Energy Sources

Madhya Pradesh Electricity Regulatory Commission recently announced the 8th amendment to the  (COGENERATION AND GENERATION OF ELECTRICITY FROM RENEWABLE SOURCES OF ENERGY) Revision – I, Regulations, 2010. The following are the changes included in the current version. Newly inserted clause 3(ii-a): ‘Captive RE Generation Source’ means a RE power plant set Read more…

By Team REConnect, ago
Blog

Punjab announces the procedure for Forecasting, Scheduling and Deviation Settlement of Solar & Wind Generation

Punjab Electricity Regulatory Commission had recently announced its regulations for  Forecasting, Scheduling, Deviation Settlement and Related Matters of Solar and Wind Generation sources, followed by which Punjab State Transmission Corporation Limited (PSTCL) published its procedure on 29th September 2019. The state has a total solar installed capacity of approximately 905 Read more…

By Team REConnect, ago
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