REC trade picks up speed
In yesterday's article of the Hindustan Times , Rupa Devi Singh,Managing Director of PXIL said that the REC market is expected to grow to Rs.100 crore by the end of 2012. Currently the market size per month is around
REC Trading Report – July 2012
Demand fell off the cliff this month, mainly driven by enforcement concerns and expectations of price fall in the future (due to increasing supply). Aggregate demand reduced to 161,000 RECs from 350,000 last month (-54%). On the other hand, supply
RPO targets to be met at minimal cost: FOR
In a recent Bloomberg article, the Forum of Regulators (FOR) said that the Renewable Power Purchase target can be easily achieved by DISCOMs at a minimal cost. The study of top electricity regulators says that there will be enough capacity
REConnect's journey so far
A recent article of The Hindu Business Line covered the story how REConnect was formed and their entrepreneurial journey till now . Vishal Pandya and Vibhav Nuwal , Directors, REConnect Energy Solutions met through Linkedin, shared their ideas of
Subsidy of 1 rupee per unit on consuming less power in Delhi
With the power prices going up in the capital regularly and a 26% tariff hike which made by the Delhi Electricity Regulatory Commission (DERC) last week, Delhi Chief Minister Sheila Dikshit announced a subsidy of Re 1 per unit for
Maharashtra allows open access for CPPs
Open access is now open for Fossil fuel-based captive power plants (CPPs) with power demand of 1 MVA and above in Maharashtra.An article of The Business Standard mentioned about the new announcement by the Maharashtra State Electricity Distribution Company (MahaVitaran). The
REC Trading Report – June 2012
REC trading for June was conducted today (June 27, 2012). Compared to last month, there were a few surprises: Supply exceeded demand for Non-Solar RECs for the first time since start of trading Demand for Solar RECs grew significantly Detailed analysis of Non-solar
Rs.1.5 lakh crore loan recast for Discoms
In a recent article covered by The Times of India , it mentioned that the centre has agreed to provide loan to power distribution companies as their status at present is very low financially . In this restructuring exercise the
Tariff increases offer a ray of hope for Discom’s
Two recent articles highlight the changes taking place in Discom’s. The article in Business Standard mentioned that last year, some Disocm’s were able to raise tariffs to an extent that was not seen in the past. Tariff increase for FY11 States Tariff increase
Power trading prices shoot up 20-25%
In this scorching heat as the power demand across the country keeps on increasing the power trading prices have also gone up . In an article of the Business Standard the cause of rising trading prices was highlighted. Short-term power