Karnataka announces APPC for FY 2018-19
Recently Karnataka Electricity Regulatory Commission has announced the provisional Average Pooled Power Purchase Cost for FY 18-19. The revised APPC for FY 2018-19 is INR 3.64/unit with effect from 1st April 2018. The variation of INR 7 paisa/unit from last
Proposed amendments of Electricity Act, 2018
The Ministry of Power of India has recently announced the draft proposed amendments to the Electricity Act, 2003. The proposed amendments aim to be in line with the country’s changing electricity markets and systems, with their large renewable capacities and
Tamil Nadu announces a draft solar energy policy 2018
TEDA has recently announced the draft solar energy policy 2018. Earlier the state had Tamil Nadu policy 2012 (one of the first solar energy policy in the country.) The state has announced for a vision Tamil Nadu 2030 wherein the
MPUVNL announces new decentralized solar policy and rooftop solar tariff reaches at INR 1.38/kWh
Madhya Pradesh Govt. recently introduced a decentralized solar policy to encourage the development of the decentralized RE projects and applications in the state. The policy allows decentralized RE systems of the following types: Grid-connected RE systems: Category I: On
GUVNL announces tenders for 700 MW solar capacity in the state
The Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 700 MW of grid-connected solar photovoltaic (PV) power project which will be set up at Raghanesda Solar Park - Gujarat (Phase III). Key points from the tender are as below: The
UPERC approves UPNEDA’s petition for fixing the ceiling tariff for 500 MW solar projects
UP New and Renewable Energy Development Agency (UPNEDA) and UP Power Corporation Ltd. (UPPCL) had filed a petition seeking approval for RFP & PPA for procurement of 500 MW Grid-connected solar power through tariff based competitive bidding discovering ceiling tariff-based
Power Tariff peaks a decade-high in the spot Day-Ahead Market
The power tariff on Sunday the 30th of September 2018 touched a decade -high due to low hydro and wind energy production and coal shortage at thermal plants. The spot power price for supply touched 17.61/unit in spot trading on