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RECs trading took place today on both the power exchanges. During the June trade session, RECs worth Rs 98 crores were transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 6,30,822

RECs trading took place today on both the power exchanges. During the May trade session, RECs worth Rs 57 crores were transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 252,589

In a recent notification, CERC (Central Electricity Regulatory Commission) published new REC regulations.  These regulations differ in many significant ways from the existing REC regulations. A brief summary is provided below: It is important to note that these regulations, though final, are

RECs trading took place today on both the power exchanges. During the April trade session, RECs worth Rs 55.40 crores were transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of  331,284

RECs trading took place today on both the power exchanges. During the March trade session, RECs worth Rs 97 crores were transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of  342,067

RECs trading took place today on both the exchange platforms (ie. IEX & PXIL).  During the February trade session, RECs worth Rs 102 crores were transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price) INR and

In a recent announcement, CERC (Central Electricity Regulatory Commission) published the draft  Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022. Comments are due by 15th March 2022. Key Changes provisioned in the

RECs trading took place today on both the exchange platforms (ie. IEX & PXIL).  The January trade session again saw significant volume, with RECs worth Rs 182 crores being transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX

RECs trading took place today on both the exchange platforms(ie. IEX & PXIL).  The December trade session saw significant volume, with RECs worth Rs 245 crores being transacted.  Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price)

The Ministry of Power (MoP), recently came up with the scheme that allows the flexibility in generation and scheduling of thermal/hydro power stations through bundling with renewable energy and storage power. Earlier on 5th April 2018, MoP had introduced a

RECs trading resumed yesterday, after an order from ApTel reversed the price reduction by CERC. Trading was put on hold in July 2020.  The November trade session saw significant volume, with RECs worth Rs 383 crores being transacted.  Non-Solar: Non-Solar RECs traded

In an important advancement, ApTEL has delivered its judgment on the matter of REC today. According to the order of ApTEL dated 11.09.2021, they set aside the order dated 17.06.2020 passed in Petition no. 05/SM/2020, by the Central Electricity Regulatory

Second ESCerts trading session for PAT Cycle II(2016-2019) took place yesterday on both the exchange platform i.e. IEX and PXIL. Total demand on IEX was 3,18,235 ESCerts against a total supply of 13,66,279 ESCerts. Market Clearance price was determined at Rs.250/ESCerts

First ESCerts trading session for PAT Cycle II(2016-2019) took place yesterday on both the exchange platform i.e. IEX and PXIL. Since this was the first session of PAT cycle II, there were a lot of uncertainties with respect to price and

On 29 September’21 , the Union Minister of Power and New & Renewable Energy has given his assent to the amendments in the existing Renewable Energy Certificate (REC) mechanism. In order to align with the emerging changes in the power sector

Considering the importance of renewable energy resources in a warming world, India has seen a steady increase in the penetration of renewables, including wind energy, in the overall mix. Present installed wind capacity stands at 38.6 GW as of December

Study carried out by Ms. Suyesha Som and Mr. Vibhav Nuwal from REConnect Energy on the status of renewable energy in India and how India is faring in comparison to other countries is published in IndiaSpend. To read the articles, Click

In a conference on 'India's role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, New & Renewable Energy Minister R K Singh recently said that the Purchase of green hydrogen

Recently the Ministry of Power came up with a Discussion Paper on redesigning the “Renewable Energy Certificate (REC) Mechanism”, which is open for public consultation till 25th June 2021. There are some sweeping changes proposed to the existing REC mechanism. The

In a recent advancement, The Solar Energy Corporation of India(SECI) has invited  proposals for setting up of Inter-state transmission system(ISTS) connected Wind power projects in the country, on Build Own Operate (BOO) basis. The  aggregate capacity of a tender is