MNRE Releases Draft Guidelines for Development of 3 GW Solar Projects under Batch-II Tranche-I
Ministry of New and Renewable Energy (MNRE) on 14th January 2015, has released draft guidelines for the development of 3000 MW of solar projects under JNNSM batch-II phase-II Tranche-I.it will be implemented by NVVN on Solar Parks to be developed
ET: Startups take to providing forecasting and energy management solutions
With energy management assuming a vital role across sectors, startups such as Ecolibrium Energy, LoudCell and REConnect are providing forecasting and energy management solutions to large and medium-scale manufacturing and retail companies in India. These startups are able to improve
KERC Revises Tariff for Mini-Hydel & Biomass Projects
The Karnataka Electricity Regulatory Commission (KERC) in its order dated 1st January 2015, has revised the Tariff for the Mini-Hydel, Co-generation and Biomass based power projects. The new tariff will be applicable to the projects that get commissioned during the
MNRE: Subsidy Reduction and Home Loan Initiative for Rooftop Solar
The Ministry of New and Renewable Energy (MNRE) has set a target of 40,000 MWp of Grid Interactive Solar Rooftop systems during the next 5 years. However, it has proposed to reduce the capital subsidy for Solar PV for Rooftop
Preliminary Analysis of PAT Scheme
The Perform, Achieve and Trade (PAT) scheme was launched in 2012 to promote energy efficiency in energy intensive industries. The scheme is market based where on over achieving the target, energy saving certificates (ESCerts) will be issued which will be
Analysis of the changes proposed in the Electricity Act
Analysis of the changes proposed in the Electricity Act The Electricity (Amendment) Bill 2014 was tabled in the Parliament recently. Once approved, the amendment will bring sweeping changes in the entire electricity sector. Most aspects of the power industry as it
CERC: REC Regulation 3rd Amendment
We are pleased to inform that Hon'ble CERC has finalized a much awaited 3rd Amendment on REC Mechanism. The Central Commission has laid out following changes through this legislation/order: REC Regulation (3rd Amendment) | Order on Vintage Multipler | Statement of
REC Trade Report of December Trading Session
Non Solar RECs In November 2014, demand improved substantially over the previous month, closing over 3 Lakh. Clearing ratios showed significant improvement over the last month. The closing balance of REC inventory for Non- Solar RECs did not show much rise.
Amendment in Electricity Act Presented in Parliament
The amendment to electricity Act 2003 was presented in the parliament on 19th December 2014. It was expected that this amendment will bring about big reforms in the electricity sector. The Government had earlier expressed its intention of bringing amendment in
MNRE Finalizes Scheme for Development of Ultra Mega Power Projects
Ministry of New and Renewable Energy (MNRE) on 18th December 2014, has notified the final scheme for the development of Solar Parks and Ultra Mega Solar Power Projects in the country. The scheme aims to add 20 GW of solar