REC Trading October 2014 Results
REC trading session of Oct -14 was conducted on 29th Oct 2014. Below is a summary of the result:- The Total closing balance for the October Trading session was around 11 Million RECs. The RECs inventory is piling up and
CSERC’s order on non compliance of RPO by Discoms for the year 2011-12 & 2012-13
Chhattisgarh State Electricity Regulatory Commission (CSERC) passed an order on 15th October 2014 on non compliance of RPO by DISCOM's of Chhattisgarh for the year 2011-12 and 2012-13. In the order CSERC said that they will close this matter of
MPERC imposes penalty for non compliance of RPO
In an order dated 20th October 2014, Madhya Pradesh Electricity Regulatory Commission (MPERC) has imposed a token penalty of Rs. 25,000 for non compliance of RPO. The order is the outcome of the petition filed by M/S Green Energy Association
MNRE Releases Draft Guidelines for 3000 MW Solar Under JNNSM
Ministry of New and Renewable Energy (MNRE) has recently released the draft guidelines for selection of 3000 MW grid connected Solar PV Power Projects under Phase-II, Batch-II & tranche-I of JNNSM. Under Part-I of Tranche-I, 1000 MW Solar PV Projects would
REConnect awarded REC Facilitator of the Year
With dedicated effort and high efficiency in facilitating REC trading for our esteemed REC clients, and with a leading market share in excess of 30%, REConnect Energy Solutions has been acknowledged with the REC Facilitator of the Year Award at the 4th Indian
Rajasthan Approves Solar Energy Policy 2014
Rajasthan Renewable Energy Corporation (RREC) has notified its new Solar Energy Policy 2014. On 08th October 2014. The new policy will supersede the previous Rajasthan Solar Policy 2011. Previously RREC circulated a draft policy and invited comments and suggestions from the
Bihar Releases Draft for Determination of Solar Tariff
Bihar Electricity Regulatory Commission (BERC) in its latest notification dated 30thSeptember 2014, have released a draft for determination of solar tariffs for FY 2014-15, for power generated from solar power PV projects including rooftop solar PV and small power projects
KSERC (Kerala) Determines APPC and OA Charges for FY 14-15
Kerala Electricity Regulatory Commission (KSERC) through its order notified on 30th September 2014 has determined the APPC and the Open Access charges for FY 14-15. APPC - The APPC definition followed by KSERC can be read as - “for the purpose
Renewable Energy Act proposed for Feb, 2015
In the past decade, Renewable Energy in India has witnessed mixed growth curves. While Solar has shown relatively healthy growth year-on-year, wind energy capacity addition has suffered a setback in the recent years, while Biomass and Small Hydro have also
Bihar finalizes tariff for Bagasse and Biomass Projects
Bihar Electricity Regulatory Commission (BERC) in its order dated 22nd September 2014 has declared tariff for the Biomass and Bagasse based Co-gen plants. The tariff will be applicable to the plants commissioned during FY 14-15 and will be applicable until