Impact of climate change on wind energy generation
While clean energy development goals in themselves are climate change / GHG mitigation steps, the clean energy production itself is facing challenges on the account of climate change. And such challenges are only expected to increase in times ahead. An article
TNERC notifies APPC rate for FY 2020-21
In a recent advancement, Tamilnadu Electricity regulatory commission (TNERC) notified the average power purchase cost (APPC) for the financial year 2020-21 as INR 4.37/unit. In addition to the above, TNERC also directed that the power purchase cost payable by TANGEDCO to
Transaction in electricity & clean energy certificates are exempted from TCS & TDS
The Central Board of Direct Taxes (CBDT) issued new guidelines for the applicability of Tax deducted at Source (TDS) and Tax collected at source (TCS). Under the new guidelines, e-commerce operations which include transactions in electricity and trading of clean
Chhattisgarh amends the RPO regulation for Captive Generating Plants
Chhattisgarh State Electricity Regulatory Commission (CSERC), in a recent announcement, amends the RPO target for Captive generating plants(CGPs) under CSERC(Renewable Purchase Obligation and REC Framework Implementation) (First Amendment) Regulations, 2020. Key points of the regulation are as follows: For Captive users,
ApTEL orders to revoke the RECs issued to APSPDCL for FY 2018-19
Appellate tribunal for Electricity(ApTEL) in a recent order have directed the Central Agency to revoke the balance disputed RECs issued and unsold for the Financial year 2018-19 to APSPDCL and cancel/revoke the registration according to CERC REC regulations 2010. ApTEL
Karnataka further extends renewable purchase obligation timeline for FY 2020
In a recent announcement, Karnataka Electricity Regulatory Commission(KERC) further extended the timeline for compliance of Renewable purchase obligation(RPO) for FY 2020. According to the order published on 24th August, 2020, the obligated entities as defined in the principal regulations i.e.
GARUDA : An Innovation proposes to bundle old, inefficient coal plants with new and cheaper renewable energy
More than 170 coal power plants in India are old and inefficient. Decommissioning of many of these plants can make a strong economic and environmental impact. An Article published in the Financial Express co-authored by Vibhav Nuwal, Co-founder & Director at
CERC Approves modified REC Procedure for Issuance
The Central Electricity Regulatory Commission (CERC) recently approved the modification in REC procedure for issuance. The objective of this procedure is to provide guidance to the entities eligible under “CERC REC Regulations, 2010” This procedure will be applicable to RE Projects
REC Trade Result – June 2020
The June trade session saw the Non-solar clearing price maintaining a low profile at the floor price of INR 1,000 at both the exchange platforms. However, Solar Market Clearing Price (MCP) crashed to INR 1,010 on PXIL and INR 1000
CERC Announces New Forbearance & Floor Price for REC Framework, 2020
The Honorable CERC published the final order on revised price bands for RECs which will be valid from July 1, 2020 onwards and shall remain in force till June 30, 2021 or until further orders of the Commission. The new floor