Monsoon 2020 – Impact on India’s Wind 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
SECI invites tender for 1.2 GW of ISTS-connected Wind Power Projects in India
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
REC Trade Result – May 2020
The May trade session saw the Non-solar clearing price maintaining a low profile at the floor price of INR 1,000 (Since March 2020, consecutively for the second month, the non-solar clearing price are at the floor price) at both the
Karnataka extends Renewable Purchase Obligation timeline for Obligated Entities
In a recent announcement, the Karnataka Electricity Regulatory Commission gave an extension to the obligated entities under the Renewable Purchase Obligation (RPO) mechanism to fulfill their obligations. According to the order published on 13th May 2020, the obligated entities as
Chhattisgarh amends RPO targets for Captive Power Producers
Chhattisgarh State Electricity Regulatory Commission (CSERC) recently published an order stating amendments to the Renewable Purchase Obligation and REC framework Implementation Regulations, 2016. The amendment in light came into existence after a petition was made to the Commission requesting to
Punjab Government proposes reduction in the RPO compliance for FY 2019-20 and FY 2020-21
As the country fights an unprecedented crisis, the Punjab Government recently took some steps to give some relief to the medium & large scale industries. Due to the mandatory lock down in these industries, the state government issued an order
CERC notifies Sharing of Inter-State Transmission Charges and Losses Regulations, 2020
The Central Electricity Regulatory Commission (CERC) has recently notified the new regulations for the Sharing of Inter-State Transmission Charges and Losses 2020. The regulations will be applicable to all Designated ISTS Customers (DICs), Inter-State Transmission Licensees, National Load Despatch Centre
REC Trade Result – April 2020
The April trade session saw the Non-solar clearing price maintaining a low profile at the floor price of INR 1,000 at both the exchange platforms. However, Solar Market Clearing Price (MCP) crashed to INR 2,000 on PXIL . This being
Union Government proposes electricity purchase from hydro-power mandatory for states
Fifth April 2020 saw a huge success for the power sector of India as the country went into a shutdown for 9-mins and POSOCO managed to maintain the stability of the grid and recovered from the sudden changes into the
CERC proposes draft floor & forbearance price for Solar & Non-solar RECs
The Central Electricity Regulatory Commission(CERC) recently issued a draft order regarding the revision of floor & forbearance price of the Renewable Energy Certificates (RECs). In line with the Electricity Act 2003 Renewable Purchase Obligation, RECs were introduced as tradable market instruments