REC TRADE RESULTS MARCH 2018
For the first time after 2012, the total demand in REC (Non-Solar Segment) market exceeded the supply available. The trade session in March 2018 also ended the dry run that REC Market has been under since 2012 with 100% clearance
RERC PROVIDES CLARIFICATION REGARDING DURATION AND TARIFF OF PPAS EXECUTED UNDER REC MECHANISM
Rajasthan Electricity Regulatory Commission (RERC) has released an order clarifying the duration of PPA's executed under REC mechanism and for setting of tariff for the PPA's executed under REC framework. A petition was filed by Jaipur Vidyut Vitran Nigam Ltd., Ajmer Vidyut Vitran
RECONNECT ENERGY WINS SMART STARTUP OF THE YEAR AWARD
We are happy to announce that REConnect Energy has won the Platinum Award in the ISGF Innovation Awards, 2018 in the Smart Startup of the Year category. Go on the link to watch a brief video of the innovations done by REConnect
REVISION OF REC PROCEDURES BY CERC
Central Electricity Regulatory Commission (CERC) has released Model Guidelines for Accreditation of a Renewable Energy Based project or Distribution Licensee, as the case may be under REC mechanism. These regulations shall be applicable to all renewable energy based projects of
RULING FROM COMPETITION COMMISSION MAY RESULT IN SIGNIFICANT CHANGES IN ELECTRICITY SECTOR
In a recent Judgement, the Competition Commission of India (CCI) considered the case of an electricity consumer that was repeatedly denied open access permission. In this case, the consumer approached the CCI alleging “abuse of dominant position” on part of
TARIFF OF RS 2.85 DETERMINED AT THE LATEST WIND AUCTION
In an auction conducted by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a 500 MW grid connected wind project, the lowest tariff quoted was Rs 2.85/kWh. This tariff was quoted by Adani Green Energy and KCT Renewable Energy Private Limited