REC Trading Report November-2014
REC trading session of Nov -14 was conducted on 26th Nov 2014. Below is a summary of the result:- The Total Transaction of RECs were around 300 Million INR in current Trading session. As inferred from closing and opening balance of REC
JERC issues stern orders on RPO
The Joint Electricity Regulatory Commission (JERC) for Goa and Union Territories in its order dated 12th Nov 2014, has again showed strictness towards RPO compliance. In the order the commission has asked all the distribution companies to comply with their
MNRE to soon roll out draft Renewable Energy Act
According to an article in Indian Express, MNRE (Ministry of New & Renewable Energy) is planning to notify its first draft of Renewable Energy Act for comments and suggestions. Earlier Prime Minister Modi led government decided to come up with a
Uttar Pradesh Solar Rooftop Policy 2014
Hon'ble Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), has issued the Solar Rooftop Policy, aimed at Government, Public and Private institutions. The policy aims to promote solar energy generation for self consumption, while excess energy will be injected into
KERC Proposes Tariff for Renewable Energy
The Karnataka Electricity Regulatory Commission (KERC) in its latest notification has released the conductive paper (draft) for determination of RE tariff. The tariff proposed will be applicable to the projects commissioned during 01.01.2015 to 31.03.2018. The draft released is not applicable
REConnect: Wind Facilitator of the Year
And the success story continues! Earlier last month, we were acknowledged with the 'REC Facilitator of the Year'. Well we have added another feather to the crown. We have been felicitated with the 'Wind Facilitator of the Year' award at the 4th Wind IPP Summit
Haryana Solar Policy 2014
The State Govt. of Haryana has approved the Solar Energy Policy 2014 on Sep 4th 2014. The policy mandates of giving huge benefits in terms of subsidies and incentives to the solar power generators. The policy has been brought in
UPERC Proposes RE Tariff
The Uttar Pradesh Electricity Regulatory Commission (UPERC) in its latest notification on 5th November 2014 has proposed draft for Renewable Energy Tariff. The Commission has invited comments and suggestions by 21st November 2014. The details of the tariffs proposed are as
HPERC imposes penalty on HPSEBL
HPERC on 10th November 2014 issued order on petition filed by M/s Ujaas Energy Limited for non compliance of Renewable Power Purchase Obligation by obligated entities. Honorable commission has directed obligated entities to procure RECs from power exchange if there
Renewable Capacity Addition Drops in First Half of the fiscal year
The Renewable energy sector has seen a drop of 20% in the new capacity addition during the first half of the fiscal year 2014-15, when compared to previous year. The capacity addition during the same period in previous year was 1376