Uttarakhand penalizes UPCL for non-compliance of RPOs
After a prolonged wait and significant suffering of RE stakeholders, finally, a regulatory body has shown its true strength and purpose by imposing the penalty on an RPO defaulting entity – a first ever penalty imposed on any obligated entity
REC Trade Report – January 2014
January 2014 marks first month of Q4 for FY14. Overall the clearing volumes for both type of RECs were marginally less than previous month. As per REC Registry, the market redeemed a total of 3.65 lakh RECs. Non-Solar RECs : Buy bids for
ApTel sets aside Tamil Nadu Solar policy
As per reports, Tamil Nadu's ambitious solar policy, once assumed to be a game-changer for fostering solar power in the state, has been set aside by the Appellate Tribunal of Electricity (ApTel). A capacity addition of 3000 MW was envisaged
Maharashtra cuts power tariff by 20 percent
Govt. of Maharashtra, on Monday (20th Jan 2014) posted a perfect example of political interference in the functioning of an important sector. Following the footprints of the incumbent Govt. in Delhi, Maharashtra also has approved a 20 % cut in
Amendment to Grid Code & Frequency for UI charges finalised by CERC
Hon'ble CERC within the very first week of 2014, has come up with amendments to two important regulations pertaining to Indian power sector. The commission rolled out the following regulations (orders can be accessed by clicking links below): 1) Central Electricity
Govt mulling to introduce hydro tradable certificates
As per an article in Economic Times (refer), government is using an accelerated approach towards promotion of India's hydro power assets. A recent progress on this pertains to introduction of tradable hydro certificates (on the lines of RECs). Demand for
Andhra Pradesh declares APPC for FY 2013-14
An order dated 28th December 2013, for determination of APPC of FY 2012-13 (for FY 2013-14), considered 6,88,79.12 MUs of power bought at 22,594.78 crore INR by discoms of the state. Accordingly the APPC for FY 2013-14 is finalized to be
Madhya Pradesh takes note of non-compliance in solar RPO
On 20th November 2013, in petition no. 35/ 2013, MPERC took serious note on the issue of non-compliance of solar RPO by state utilities/discoms. It can be read in the order as: Notwithstanding the aforesaid, the Commission is constrained to express
South Grid successfully synchronized with National Grid
According to a Press Release from the Ministry of Power on the eve of first day of new year 2014, the much awaited grid synchronization of south grid with National Grid has been successfully accomplished. This marks a major milestone