Blog

Karnataka extends Renewable Purchase Obligation timeline for Obligated Entities

In a recent announcement, the Karnataka Electricity Regulatory Commission gave an extension to the obligated entities under the Renewable Purchase Obligation (RPO)  mechanism to fulfill their obligations. According to the order published on 13th May 2020, the obligated entities as defined in the principal regulations i.e. Distribution Licensees, Grid-connected Captive Read more…

By Team REConnect, ago
Non-Solar REC

REC Trading Report – February 2013

Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains very disappointing. As we have mentioned earlier, till stronger Read more…

By VP, ago
Blog

Gloomy weather over REC market

Last month’s REC trading session has brought the REC market on the verge of vanishing soon. With no sign of strict enforcement happening and a drop of 40% demand shows that the obligated entities have the least interest to participate in the REC market. Those who were purchasing RECs have Read more…

By Team REConnect, ago