REC trade results July 2018
Non-solar: Non-solar RECs prices continue to rise on the back of robust demand and limited availability. The RECs were traded at the price of INR 1050 at PXIL ( 5% above the floor price) and INR 1200 at IEX (20%
Government to float 12 GW solar energy scheme which may help domestic manufacturers
Amidst the US-India WTO dispute a new 12 GW energy scheme which has been deftly crafted to mandate local manufacturing without violating WTO's trade rules, is in the final stage of approval and will help local industry in India sustain
MoP reveals proposed amendments related to captive power plants in Electricity Rules 2005
Ministry of Power recently announced proposed amendments in the electricity rules 2005 related to provisions regarding captive generating plants. The captive power producers body ICPPA expressed their woes against the proposed amendments. According to ICPPA, these amendments are aimed at
HERC announces a combined order for multiple matters
Haryana Electricity regulatory commission recently announced an order on multiple matters including Suo Motu for amendment and/or modification of HERC (Terms and Conditions of Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation and Renewable Energy Certificate) Regulations, 2010
Energy Ministers discuss hydro power revival at the bi-annual state power ministers' conference
Recently at a Pan-India biannual energy ministers meet in Simla, the water scarcity of Simla and woes of power sector were discussed. The host state Simla suggested immediate and long-term reforms in the hydro power sector. Himachal Pradesh’s Chief Minister
MERC denies Cleanmax’s plea to use Open Access and Net metering simultaneously
In a petition filed by Cleanmax Enviro Energy Solutions Pvt. Ltd., the organization had sought clarification regarding the net metering arrangements for Open Access consumers under the MERC regulations 2015 from the commission. As a part of the reply to
Madrid-based developer in talks to sell India projects
According to recent news, a Madrid-based developer of large-scale solar plants ‘Fotowatio Renewable Ventures (FRV) is in talks to sell its 100 MW power project in India in a deal of approximately INR 500-600 crore. The company is in talks with
Ministry of Power announces renewed RPO trajectory for long-term
Ministry of Power (MoP) recently announced an order for long-term growth trajectory of Renewable Purchase Obligation (RPO) for solar and Non-solar for a period of three years i.e. 2019-20 to 2021-2022. In order to achieve the target of 175 GW
Union government proposes to build a National Discom consulting the state discoms
In recent news, the Union Government has planned to set up a national power distribution company that will have a grip on the state discoms in electricity distribution activities and ensure timely implementation of central schemes. The proposed company is said
Telangana announces final DSM regulations for wind and solar
Recently TSERC announced regulations on wind and solar forecasting, scheduling regulations, 2018. This is the final regulation and with this Telangana became the sixth, and latest, state to implement Forecasting and Scheduling regulations. The detailed summary of the regulations is as