REC TRADE RESULTS DECEMBER 2015
The demand response for REC’s saw very good momentum in the December’s trading session. Non Solar REC’s and Solar REC’s traded this month were 288% higher and 29.8% lower respectively, compared to trading session of November. The total transaction value of REC’s hit a sum total of Rs 156 crores, compared
MPERC waives off past Solar RPO
In a recent order, MPERC has waived off past solar RPO for its Discom’s. This comes despite ApTel’s judgment specifically disallowing waive-offs, and CAG’s remark about states not meeting RPO regulations. Even more telling is the fact that India is playing a
CAG highlights gaps in RPO compliance of states; Penalties of Rs 4,234 crore not levied
In a recent audit report covering the functioning of MNRE, the Comptroller and Auditor General (CAG) has highlighted various issues on RPO compliance by states. The main issues highlighted by the CAG are: Setting RPO well below the NAPPC target States have been