REC Trade Report – March 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th March 2014. Following is a brief of the analysis: With this trade session, a 12-month long financial year FY 2013-14 comes to
Gujarat bans sourcing power from other states
Gujarat government has recently banned its state distribution companies from buying power from other states. These discoms will now have to procure power from state power generators. Power procurement from state power generators means industries will now have to shell out
Joint ERC proposes amendment to RPO regulations
JERC; the joint electricity regulatory commission for the state of Goa and UTs has recently proposed a draft to its principal RPO regulations of 2010. The main highlight of the amendment is the declaration of RPO targets from FY14-FY22. The
MERC asks BEST to meet shortfall in RPO by March 2014
Electricity Regulator of Maharashtra (MERC) on 6th March 2014 released 3 separate orders with regards to verification of RPO compliance of state discoms; namely Reliance Infrastructure Limited - Distribution (RIL-D), Tata Power Company - Distribution (TPC-D) and Brihan Mumbai Electric
Gujarat's first amendment to RPO regulations
Gujarat Electricity Regulatory Commission (GERC) on 4th March 2014 amended its principal RPO regulations of 2010. In these regulations, Gujarat set its RPO targets post FY13. The RPO set are from FY14 to FY17. Gujarat announced 10% of energy procurement to
Rajasthan proposes amendment to RPO regulations
Hon'ble Rajasthan Electricity Regulatory Commission (RERC) has recently proposed an amendment to its principal RPO regulations. Comments have been invited by all stakeholders no later than 18th March 2014. Link to the proposal - http://rerc.rajasthan.gov.in/cnpl/PDFs/REC.pdf These changes, if incorporated into the RPO
JNNSM Phase 2 Batch 1 bid results
We thank solar industry expert - Mr. Gopal Lal Somani, who has graciously provided his inputs and comments on the results of bidding process. The MNRE had authorized Solar Energy Corporation of India (SECI) to implement NSM Phase 2 program. In
REConnect Newsletter Volume 39 – OPEN ACCESS
We are pleased to present the 39th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Detailed analysis of the bidding under JNNSM Phase 2 by solar industry export Shri Gopal Somani Various regulatory updates including review of revised procedures