MNRE scheme for Development of Solar Zones in the country commencing from 2016-17 and onwards
MNRE has recently sanctioned the scheme for setting up of 10 solar zones. Each solar zone will be having around 10,000 hectares of government owned or privately owned wasteland, uncultivable land or fallow land in one or more than one
TSERC Determines CSS for FY2016-17
Telangana Electricity Regulatory Commission (TSERC) has calculated the Cross subsidy surcharge to be applicable during FY 16-17. The new CSS will be applicable only for the state of Telangana effective from 1st July, 2016 to 31st March, 2017. There was
HPERC Electricity Tariff for 2016-17
HPSEBL recently proposed a tariff increase of about 33% with the projected additional revenue requirement of Rs. 1556.70 Crores for 2016-17. The Himachal Pradesh Electricity Regulatory Commission after hearing the stake holders accepted additional requirement of Rs. 154.48 Crores and
RERC determines Additional Surcharge for Open Access Consumers 2016-17
In the recent decision the Rajasthan High Court passed an order against RERC for the levy of Rs.1/kWh as Additional Surcharge on all Open Access Consumers. On 12.05.2016 Rajasthan Electricity Regulatory commission passed an order for the levy of additional surcharge
REC Trade Result May 2016
May 2016 saw reduced traded volumes compared to last month and from May 2015. Generally early months of the compliance year see significantly reduced trading volumes. However, May 2015 saw high trading volume due to the Supreme Court order on RPO compliance. Compared to last
KERC Revises APPC for FY 15-16 & Finalizes for FY 16-17
The Karnataka Electricity Regulatory Commission (KERC) in its order in April 2016 has finalized the APPC applicable for FY 15-16 and has also revised the APPC applicable for FY 16-17. Previously the commission in its notification dated 30.03.2015 set the APPC
REC Trade Result April 2016
April, being the first month of the Financial Year to, saw good demand in both segments, as compared to the April-2015. The total transaction value stood at 113 Crores as compared to 213 Crores last month. Analysis of Trading: Non Solar – Clearing ratio
RERC Approves APPC for FY 14-15 and 15-16
Rajasthan Electricity Regulatory Commission (RERC) in its orders dated 1st April, 2016 has approved the Average Power Purchase Cost (APPC) for its DISCOM’s. Honorable commission approved APPC of FY 14-15 & 15-16 for Jodhpur, Jaipur & Ajmer Discoms. The Order came
CERC determines Benchmark Capital Cost Norm for Solar PV and Solar Thermal power projects applicable during FY 2016-17
The Central Electricity Regulatory Commission vide its final order on 23rd March, 2016 determined the Benchmark Capital Cost Norm for Solar PV and for Concentrated Solar Power (CSP) projects for 2016-17. In case of determining the capital cost for Solar
REC Trade Results November 2015
RECs demand has been steadily rising, and this month results have been very encouraging. Non Solar REC’s and Solar REC’s traded this month were 9.5% and 533% higher compared to trading session of October. The total transaction value of REC’s hit a sum total of Rs 65.5 crores, compared to Rs. 36.5