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
REC TRADE RESULTS FEBRUARY 2018
Non-solar demand was significantly higher than inFebruary 2017, and also last month. In total 23.58 lakh RECs were traded (125.85% higher than February 2017, and 91.61% higher than in January 2018), and clearing ratios on IEX and PXIL were 19.84%
HPERC DETERMINES GENERIC LEVELLISED TARIFF FOR SOLAR PV PROJECTS
Himachal Pradesh Electricity Regulatory Commission (HPERC) has determined the regulations for determination of generic levelised tariff for solar PV projects. The tariff has been determined in parts. Tariff determined for the Solar PV projects applicable from 01.04.2017 to 30.09.2017 is as
EXTENSION ON WAIVER OF INTER-STATE TRANSMISSION CHARGES AND LOSSES FOR ELECTRICITY GENERATED FROM SOLAR AND WIND SOURCES
The Ministry of Power has released an order which provides extension on the waiver of intra-state transmission charges and losses for transmission of electricity generated from solar and wind sources. As per the last order dated 14 June 2017, MoP
ESCerts trading for PAT cycle II begins, says BEE
The Bureau of Energy Efficiency (BEE) has released a notification stating that the trading of ESCerts for PAT cycle II shall begin from 27th February, 2018 and shall be held on every last Tuesday of the month. The buyers and
REC TRADE RESULTS JANUARY 2018
Non-solar demand was marginally lower than in January 2017, and also significantly than last month. However, it must be kept in mind that last month traded volumes were at a record high, and overall, this year has seen significantly higher