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. ┬áNon-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
Blog

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
REC Mechanism in India

Telangana releases draft RPO policy for the first time

Telangana State Electricity Regulatory Commission (TSERC) has released draft regulations for the compliance of Renewable Purchase Obligations for the state. These regulations are first of its kind in the state. Before this, the state was following RPO percentages determined by APERC (Andhra Pradesh Electricity Regulatory Commission) through its latest regulation. Read more…

By Team REConnect, ago