REC Trade Results October 2015
The demand response for REC’s saw good momentum in the October’s trading session. The total no. of Non Solar REC’s and Solar REC’s traded in this month were 13% and 28% higher than the trading session of September. The total transaction value of REC’s
Five More States to Kick Start Power Sector Reforms
In addition to Meghalaya, Goa and Uttarakhand, five more states would be signing a joint statement of reforms with the Central Government in order to enable 24×7 power supplies to consumers. The states Rajasthan, Andhra Pradesh, Jharkhand, Chhattisgarh and Assam
OERC Draft DSM Regulations 2015
In order to maintain grid discipline and grid security as envisaged under the Indian Electricity Grid Code and Orissa Grid Code, Orissa released its first draft Deviation Settlement Mechanism Regulations on 23rd September 2015. The Regulations are applicable to: All Generating Stations
MPERC Draft Demand Side Management Regulations, 2015
Madhya Pradesh Electricity Regulatory Commission (MPERC) came up with its Demand Side Management draft regulations, on 21st September 2015. It’s the State’s first initiative towards practicing a cost effective method of selecting, planning and implementing measures which intend to have
India’s Energy Mix to Have 40% Renewable Sources by 2030
The Renewable energy holds a share of 12% in the current energy mix of India. As a part of its contribution under the Paris Climate Change Agreement, India sets target of achieving at least 40% of India's total power capacity
REC Trade Results September 2015
Demand for both Solar and Non Solar REC’s remained lackluster in this trading session. A sum total of 1, 93,619 Solar and Non Solar RECs were sold in the current trading session. The total transaction value of REC’s was a paltry Rs.35.1 crores. Analysis of