REC Trade Report – February 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th February 2014. Following is a brief of the analysis: February 2014 was the second last trade session of Q4 for FY14. Clearing Ratios
Kerala drafts regulation for net-metering of small solar projects
Kerala State Electricity Regulatory Commission (KSERC) recently unveiled its draft copy of "KSERC - Grid Interactive Distributed Solar Energy Systems, Regulations, 2014" (refer). With this Kerala joins the league of states namely; Tamil Nadu, Andhra Pradesh, Delhi, Punjab and Uttarakhand,
Rajasthan to finalize APPC for its DISCOMs
State owned distribution companies in Rajasthan namely; Jodhpur Vidyut Vitran Nigam Limited (JdVVNL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) have filed petitions for APPC determination of FY13 and FY14 respectively. The commission had previously declared provisional APPCs for both. Before
Govt. pushes for stronger RPO enforcements
The Ministry of New & Renewable Energy (MNRE) has written to Ministry of Power (MoP) to include stronger enforcement provisions in the Electricity Act itself, which at present is absent. An article in Business Standard, quoted Joint Secretary of MNRE saying
Gujarat DISCOMs approach CERC to seek REC benefits
Gujarat Urja Vikas Nigam Limited (GUVNL) on behalf of DISCOMs , had approached Hon'ble CERC for certain amendments to REC regulations, enabling the former to claim solar RECs as "Eligible Entity" for excess procurement over & above the stipulated RPO
Wind producers in TN favouring power forecasting & scheduling
As per an article in The Hindu, Tamil Nadu a leader in wind power generation (installed capacity of around 7200 MW) in the country has, off late, been disappointing its wind power producers. TN's state distribution company (TANGEDCO) has been
Buying power from Exchanges economically viable for Captive Plants
According to an article in Business Standard, captive power plants have resorted to buying power from power exchanges than generating by themselves. This behavioural change of power procurement has been attributed to two main reasons : 1. Unavailability of domestic coal. 2.
Tamil Nadu drafts RPO targets for FY15 & FY16
Tamil Nadu Electricity Regulatory Commission (TNERC) recently issued a draft order on RPO targets for FY15 & FY16. The following are the targets proposed by the commission: Column 1 Column 2 Column 3 Year Minimum quantum of total renewable purchase obligation in
CERC reduces REC issuance fee payable to NLDC
In an order dated 05.02.2014. the apex electricity regulator CERC extended the existing fees and charges chargeable by the central agency (NLDC) for registration of REC projects till 31.03.2014. The decision was taken by CERC after scrutiny of audited accounts
REConnect Newsletter Volume 38 – OPEN ACCESS
We are pleased to present the 38th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Details of landmark order from UERC for imposing penalty for non-compliance of RPO . Analysis of draft of CERC RE tariff order. Various regulatory updates