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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
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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
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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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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