REC Trade Result – January 2020
The January trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges while it also crossed the INR 2,000 trend for Non-solar on both IEX & PXIL almost after eight years. With the
Government of India proposes ADITYA – A Discom reform Initiative as UDAY prepares to retire
In a decent development, the Government of India proposes a grant of INR 1.1 Lakh Crore for state discoms under a new scheme - Atal Distribution System Improvement Yojana (ADITYA). The scheme is supposed to be announced in the upcoming
UPERC asks DISCOM to deposit funds in RPO Regulatory Fund over non-compliance
Uttar Pradesh Electricity Regulatory Commission (UPERC) recently published an order asking UPPCL to deposit INR 737.11 crore by creating an RPO Regulatory Fund. UPPCL apparently has a backlog in their Renewable Purchase Obligation for FY 2010-11 to 2014-15 and FY
RECs to get expired soon get extension, to remain valid till March 2020
Recently the Central Electricity Regulatory Commission published an order, extending the expiry date of the RECs which were due to expire between November 2019 & March 2020. The commission had earlier via an order data 30.04.2019 following a petition no.