REC Trade Results October 2015
The demand response for REC’s saw good momentum in the October’s trading session. The total no. of Non Solar REC’s and Solar REC’s traded in this month were 13% and 28% higher than the trading session of September. The total transaction value of REC’s
Five More States to Kick Start Power Sector Reforms
In addition to Meghalaya, Goa and Uttarakhand, five more states would be signing a joint statement of reforms with the Central Government in order to enable 24×7 power supplies to consumers. The states Rajasthan, Andhra Pradesh, Jharkhand, Chhattisgarh and Assam
OERC Draft DSM Regulations 2015
In order to maintain grid discipline and grid security as envisaged under the Indian Electricity Grid Code and Orissa Grid Code, Orissa released its first draft Deviation Settlement Mechanism Regulations on 23rd September 2015. The Regulations are applicable to: All Generating Stations
MPERC Draft Demand Side Management Regulations, 2015
Madhya Pradesh Electricity Regulatory Commission (MPERC) came up with its Demand Side Management draft regulations, on 21st September 2015. It’s the State’s first initiative towards practicing a cost effective method of selecting, planning and implementing measures which intend to have
India’s Energy Mix to Have 40% Renewable Sources by 2030
The Renewable energy holds a share of 12% in the current energy mix of India. As a part of its contribution under the Paris Climate Change Agreement, India sets target of achieving at least 40% of India's total power capacity
REC Trade Results September 2015
Demand for both Solar and Non Solar REC’s remained lackluster in this trading session. A sum total of 1, 93,619 Solar and Non Solar RECs were sold in the current trading session. The total transaction value of REC’s was a paltry Rs.35.1 crores. Analysis of
Three States to Kick Start Power Sector Reforms
A joint statement was released on 21st September 2015, by Goa, Uttarakhand and Meghalaya where these states have signed a joint statement of reforms with the Central Government in order to enable 24x7 power supplies to consumers. The joint statement highlighted
MERC Draft Order on Distribution Open Access Regulations, 2015
MERC (Maharashtra Electricity regulatory Commission) came up with its draft order on 16th September, 2015, on new regulations for distribution open access in the state of Maharashtra. The key changes were: Reduction of Eligibility limit from 1MW to 0.5mw Allowing sourcing of
OERC Order on RPO Compliance
The Green Energy Association and Orissa Renewable Energy Development Agency had filed a petition in the matter of non-compliance of RPO by obligated entities in OERC. The respondents GRIDCO and NALCO quoted the same reason of non-availability of RECs in
Gujarat Solar Power Policy 2015
Gujarat came up with its new solar power policy on 13th August 2015, which would be operative up to March 31, 2020. This new policy intends to facilitate and promote large scale promotion of the solar power generation capacities in