REC trade result – June 2019
The June trade session saw an upward trend in both solar & non-solar. However, demand continued to exceed supply both in the case of solar & non-solar. Non-Solar: This session the RECs were traded at the price of INR 1555 at
Indian Power Sector goes under a major change, NTPC and Power Grid sign MoU
The power sector of India is expecting a major change in the country as two leading Public Sector Utilities - National Thermal Power Corporation & Power Grid Corporation of India form a Joint Venture to set up a National Electricity
DERC announces final guidelines for (Group Net Metering & Virtual Net Metering for Renewable Energy) 2019
Delhi Electricity Regulatory Commission has issued the final guidelines for implementation of Group Net Metering & Virtual Net Metering framework under DERC (Net Metering for Renewable Energy, 2014).) The draft guidelines were issued in December 2018. The Group Net Metering
India launches first-ever emission trading program for particulate matter
In a recent development, India has become the first country in the world to initiate an Emission-based Trading program. The pilot program will take place in Surat city of Gujarat, where approximately 350 factories mostly (Dye, Textile & Diamond processing)
Analysis of the Rajasthan High Court Order in Petition Challenging the Validity of the DSM Regulations
The Rajasthan High Court pronounced its judgment recently in a petition that challenged the validity of the Forecasting, Scheduling, and Deviation Settlement Mechanism regulations 2017, of the state (referred to as “DSM Regulations”). In the petition, wind generators had argued