Kerala Finalizes Solar Rooftop Policy
Kerala State Electricity Regulatory Commission (KSERC) through an order on 10th June 2014, has finalized its policy for solar rooftop systems. The policy is named Grid Interactive Distributed Solar Energy Systems. The policy is aimed at promoting solar power in the
REConnect Newsletter Volume 42 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 42 - our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. Key points covered in this newsletter are: 1) Analysis of Karnataka's solar policy 2) Regulatory updates including
REC Trading Report – June 2014
REC trade session for June 2014 was conducted on 25th June 2014. The following is a summary of results - The total transactional value of non-solar RECs was INR 208.8 million and for solar RECs it was INR 15.4 million. The
Revenue from sale of carbon credits not taxable
As per a recent ruling by Andhra Pradesh High Court, the revenue accrued on account of sale of carbon credits is "not taxable". The judgement came in a case between The commissioner of Income Tax, Hyderabad vs My Home Power
MoP at odds with proposal of Commerce Ministry on imposing solar duties
Power minister Mr. Piyush Goyal has reportedly given a statement which goes against the proposal of Ministry of Commerce to impose solar duties on imported equipments. An article in Bloomberg says that as per Mr. Goyal, solar duties will undermine
MPERC determines retail tariff for FY15
Madhya Pradesh Electricity Regulatory Commission (MPERC) through an order (dated 24th May 2014), has determined the retail tariff for FY 14- 15. The new tariff determined for FY15 is same as it was for FY14, The summary of
Andhra Pradesh declares APPC for FY15
Hon’ble Andhra Pradesh Electricity Regulatory Commission (APERC) in an order (DATED – 31 MAY 2014) has determined the APPC for FY 14-15. The definition of the APPC being followed by APERC can be read as – ‘Pooled Cost of Power Purchase (PCPP)’
TN lifts ban on inter state open access
According to an article in Times of India (refer), Tamil Nadu has allowed consumers and generators in the state to procure and sell power from/to outside states. The directive comes in continuation to commitment given by Hon'ble CM of TN - that
CERC finalizes RE tariff for FY15
Central Electricity Regulatory Commission (CERC) in its order on 15th May has finalised the Renewable Energy tariff for FY 14-15. The details of the tariff calculated for FY 14-15 can be found in table below. In the table above, it is clearly
Himachal Pradesh proposes APPC for FY 2014-15
HPSEBL has filed a petition before Himachal Pradesh Electricity Regulatory Commission (HPERC) seeking APPC determination for FY 2014-15. The definition of APPC followed by HPERC can be read as – The weighted average pooled price at which the Distribution Licensee has purchased