Punjab pushes PSPCL for RPO compliance by December’13
Punjab state power corporation limited (PSPCL) has been asked to comply with its stipulated RPO target for FY12, FY13 and FY14 cumulatively. In an order dated 12 August 2013, Punjab regulator allowed PSPCL to carry forward 114.80 non solar MUs
REC Trading Report – August 2013
Market continued to perform poorly as prices remained at floor for both non solar and solar RECs. There were major pronouncements this month on the RPO front which includes one of the most industrialized like Maharashtra, coming with a stern compliance
Delhi discoms build RPO compliance costs into their tariff
According to the most recent tariff orders, the Delhi Electricity Regulatory Commission (DERC) has allowed Tata Power Delhi Distribution Limited, BSES Yamuna Power Limited, BSES Rajdhani Power Limited, New Delhi Municipal Council to incorporate the cost of Renewable Purchase Obligation (RPO) for FY2013-14
GERC waives RPO shortfall; second year of non-compliance
In a very disappointing order, the Gujarat State Electricity Commission (GERC) decided to waive off the shortfall in RPO for the year 2012-13. In a petition filed by the Discoms, they had asked for a waiver on the grounds that
MERC tightens RPO compliance & prevents interchangeability
In a landmark decision by Maharashtra state electricity regulatory commission, it was brought forward that the obligated entities of the state (i.e. DISCOMs, Captive and OA consumers) will no longer have the cushion of RPO waiver or interchangeability of solar
“Hydro Purchase Obligation” may be a reality
The power minister in a statement has given signs that hydro purchase obligation may be a reality as the minister said that the provision is being considered. The idea broke out first when the hydro sub-group had recommended the Power
Stay by Madras High Court on RRF Mechanism
In an important development on the RRF Implementation front, the High Court of Madras has acceded to the request of affected wind developers. According to a circular on IWPA’s website, the Madras high Court has ordered a stay on the
REC Trading Report – July 2013
REC Trading on 31st July 2013 continued to follow the lackluster market scenario. Both non-solar credits (for 11th consecutive month) and solar credits (for 2nd consecutive time) traded at respective floor prices. As per the REC Registry, out of total