REC Trade Results – January 2015
We are pleased to share the Result of REC trading for the month of JAN-15. Solar RECs - Overall market clearance remained low at PXIL in Solar whereas IEX reflected a good clearance ratio in Solar Market. Steep hike in demand
HPERC Notifies Draft Net Metering Regulation
The Himachal Pradesh Electricity Regulatory Commission (HPERC) on 22nd January 2015, has notified draft regulation for the Net Metering. The regulation enables the consumer of the distribution licensees to install the rooftop solar energy systems and use the generated energy
GERC Maintains Leniency over RPO Compliance
The Gujarat Electricity Regulatory Commission (GERC) in its orders Dated 16th Jan 2015, has given relief to the state distribution companies against their RPO compliance for the year 13-14. The summary of the GERC orders is given below: Orders on GUVNL:
MNRE to Implement scheme: 1 GW solar Projects by PSU’s and GOI Organizations
Ministry of New and Renewable Energy (MNRE) in its latest notification on 18th Jan 2014, has given guidelines for the implementation of a scheme for the development of 1000 MW of grid connected Solar Power Projects by Central PSU’s and
MNRE Releases Draft Guidelines for Development of 3 GW Solar Projects under Batch-II Tranche-I
Ministry of New and Renewable Energy (MNRE) on 14th January 2015, has released draft guidelines for the development of 3000 MW of solar projects under JNNSM batch-II phase-II Tranche-I.it will be implemented by NVVN on Solar Parks to be developed
ET: Startups take to providing forecasting and energy management solutions
With energy management assuming a vital role across sectors, startups such as Ecolibrium Energy, LoudCell and REConnect are providing forecasting and energy management solutions to large and medium-scale manufacturing and retail companies in India. These startups are able to improve
KERC Revises Tariff for Mini-Hydel & Biomass Projects
The Karnataka Electricity Regulatory Commission (KERC) in its order dated 1st January 2015, has revised the Tariff for the Mini-Hydel, Co-generation and Biomass based power projects. The new tariff will be applicable to the projects that get commissioned during the
MNRE: Subsidy Reduction and Home Loan Initiative for Rooftop Solar
The Ministry of New and Renewable Energy (MNRE) has set a target of 40,000 MWp of Grid Interactive Solar Rooftop systems during the next 5 years. However, it has proposed to reduce the capital subsidy for Solar PV for Rooftop
Preliminary Analysis of PAT Scheme
The Perform, Achieve and Trade (PAT) scheme was launched in 2012 to promote energy efficiency in energy intensive industries. The scheme is market based where on over achieving the target, energy saving certificates (ESCerts) will be issued which will be
Analysis of the changes proposed in the Electricity Act
Analysis of the changes proposed in the Electricity Act The Electricity (Amendment) Bill 2014 was tabled in the Parliament recently. Once approved, the amendment will bring sweeping changes in the entire electricity sector. Most aspects of the power industry as it