REC Trade Results May 2015 – A Significant jump after Supreme Court judgment
We are pleased to share the Result of REC trading for the month of April-15. In May’s trading session, 256,579 Non Solar and 83,189 Solar REC’s were traded through Power Exchange (a total of 339,768 REC’s), which was more than 4
APTEL Directs DERC to adjust the PPAC (Hike in Tariff)
The Appellate Tribunal for Electricity (APTEL) in its judgment dated 25th May 2015 has directed the DERC (Delhi Electricity Regulatory Commission) to determine the Power Purchase Adjustment Cost (PPAC) for the 3rd and 4th quarter of the previous financial year
MPERC Finalizes RPO Targets for FY 15-16
The Madhya Pradesh Electricity Regulatory Commission (MPERC) on 08th May 2015 has finalized new Renewable Purchase Obligation (RPO) target for FY 15-16. The notified amendment finalizes RPO target for FY 15-16, the details are in the table below: The MPERC in
PSERC Proposes RE Tariff for FY 15-16
The Punjab Regulatory Commission (PSERC) has recently proposed the Renewable Energy Tariff for FY 15-16. The commission through a separate Public Notice has invited comments and suggestions on the proposed Staff Paper. The comments and suggestions can be submitted by
PSERC (Punjab) Finalizes Solar Rooftop (Net Metering) Regulation
The Punjab Electricity Regulatory Commission (PSERC) has recently (on 7th May 2015) finalized the Net Metering Regulation for Grid Interactive Solar Rooftop Systems. The regulation will allow electricity consumers of the state to generate solar energy and to consume such
Jharkhand Notifies Draft Solar Policy 2015
The Government of Jharkhand has recently notified draft for new solar policy. The new policy will be known as the Jharkhand State Solar Power Policy 2015. The new Policy will be in operation for five (5) years from the date
Rajasthan Finalizes Tariff for Biomass Projects
Rajasthan Electricity Regulatory commission (RERC) in its order dated 7th May 2015, has finalized the tariff for biomass projects in the state. The regulation will come in force from 1st April 2015 and will remain in force for a period
Analysis of Supreme Court Judgment on Applicability of Renewable Purchase Obligations
On May 13, 2015 the Supreme Court pronounced a landmark judgment on the applicability of Renewable Purchase Obligations (RPO) regulations. The case in question is Hindustan Zinc vs Rajasthan Electricity Regulatory Commission (RERC). Background In August 2012, the Rajasthan High Court had
Tripura SERC Proposes New RPO Targets
The Tripura Electricity Regulatory Commission (TSERC) in its recent notification has proposed new targets for Renewable Purchase Obligation (RPO). The commission in its notification dated 18th July 2014 also proposed draft for RPO targets. The summary of the new targets proposed
Haryana Finalizes Retail Tariff for FY 15-16
The Haryana Electricity Regulatory Commission (HERC) on May 7th, 2015 has finalized the retail supply tariff applicable for FY 15-16. The summary of the Industrial tariffs is given in the graph below: Commercial Consumers tariff defined for FY 15-16 is Rs. 6.3/kVAh