REC trade result – August 2019
The August trade session saw a reduction in demand for both non-solar & solar. In the case of supply, the availability of solar & non-solar both reduced from last trade session. Prices increased for both solar & non-solar RECs on
Power Minister launches State Rooftop Solar Attractiveness Index – SARAL
At a recent Review Planning and Monitoring (RPM) Meeting with States and State Power Utilities, the Union Minister Mr. R.K. Singh launched the State Rooftop Solar Attractiveness Index–SARAL. According to the index, Karnataka has topped the list followed by Telangana,
GERC exempts Additional Surcharge for the current session of April to September 2019
Recently the Gujarat Electricity Regulatory Commission published an order related to the additional surcharge payable by Open Access consumers. According to the calculations specified in the order, the amount of Additional Surcharge of Rs. NIL/kWh will be applicable to the
JERC for the state of Goa and Union Territories announce Net Metering Regulations, 2019
Joint Electricity Regulatory Commission of Goa & Union Territories of India, recently announced the Net metering Regulations 2019. The regulations will be eligible to Grid Connected Rooftop mounted, ground-mounted and floating Solar Power Projects. The summary of the regulations is
REC trade result – July 2019
The July trade session saw a reduction in demand in both solar & non-solar, though it remained well above available supply. Prices increased for both solar & non-solar RECs. Non-Solar: Non-solar RECs traded at the price of INR 1705 at PXIL
MNRE announces benchmark costs for grid-connected rooftop solar plants for FY 19-20
The Ministry of New & Renewable Energy (MNRE) has published the new benchmark costs for Grid Connected Rooftop Solar Power Plants for the Year 2019- 20. The costs are categorized in two parts i.e. special category states & other states.
Union Minister for renewable energy approves Dispute Resolution Mechanism for wind/solar sector
Recently after taking charge of the ministries of Power and New & Renewable Energy, the Power & Energy Minister, Mr. R.K.Singh has approved for a formation of a Dispute Resolution Mechanism for Solar/Wind sector. This decision was taken to facilitate
Rajasthan Government increases the electricity duty for captive plants used for self-generation
In recent notifications published by the tax department of Rajasthan regarding a series of amendments and additions in the previous order on the electricity duty levied on captive power plant generators. According to the changes, the existing electricity duty on the
HERC announces amendments to the Renewable Purchase Obligation Regulations 2017
Haryana Electricity Regulatory Commission recently announced partial amendments to the (Terms and Conditions for determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation and Renewable Energy Certificate) Regulations, 2017. This is the second amendment of the regulation. The new
REC trade result – June 2019
The June trade session saw an upward trend in both solar & non-solar. However, demand continued to exceed supply both in the case of solar & non-solar. Non-Solar: This session the RECs were traded at the price of INR 1555 at