MNRE allays concerns over Must-Run status and Payment uncertainties amid Covid-19
The Ministry Of New and Renewable Energy (MNRE) through its Office Order dated 1st April 2020 has issued a clarification on the working of renewable energy plants across the country amid the lockdown due to COVID-19. The development came in
REC Trade Result – March 2020
As the country fights COVID - 19 and the markets across the world take the brunt of it, the REC Trade was also not spared from its wrath. The Non-solar clearing price came swingeing down to the floor price of
Andhra Pradesh distribution companies propose amendments to the Solar Rooftop Policy 2018
In a recent development, the Andhra Pradesh Electricity Regulatory Commission has accorded guidelines for making amendments suggested by the state DISCOMs for implementing guidelines of Solar Rooftop Policy 2018. Both APSPDCL & APEPDCL have made suggestions via a letter addressed to
IWPA suggests changes in the CERC – REC Regulations (Third Amendment)
According to a recent office memorandum by MNRE, the IWPA has suggested making a few amendments to the CERC REC Regulations (Third amendment) dated 30th December 2014. The amendment talks about the eligibility norms for the DISCOMs that have significantly
Rajasthan announces concessions to the captive and third-party renewable energy power projects
Rajasthan Electricity Regulatory Commission recently announced a sou-moto order related to the banking, transmission/wheeling charges of solar, wind and wind/solar hybrid plants within the state. According to the order, the state government has decided to provide various concessions and facilities
REC Trade Result – February 2020
RECs trading in February saw significantly high volume, driven by two factors - a) very high issuance of RECs (available RECs were 8.2 million this month compared to 2 million last month) and b) high demand as we approach the
APTRANSCO proposes amendments to the APERC DSM regulations for wind and solar
In a recent development, the Transmission Corporation of Andhra Pradesh has submitted a proposal, suggesting amendments in the present APERC (Forecasting, Scheduling and Deviation Settlement of Solar and Wind Generation Regulation, 2017) which is effective since 01.07.2018 for levying and collection
What's in store for the energy and power sector in Budget 2020
The first week of February 2020 was eventful as the union budget was announced spreading a mixed wave of emotions in the country. The budget apart from talking about changes in the tax brackets for the salaried, direct tax announcements
OERC notifies changes to the RPO obligation for Captive Power Producers
Odisha Electricity Regulatory Commission (OERC) in a recent notification has made changes for the RPO obligation for Captive Power Producers (CPPs). Following a clarification made by the Ministry of Power in the tariff policy dated April 2018, which had mentioned
REC Trade Result – January 2020
The January trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges while it also crossed the INR 2,000 trend for Non-solar on both IEX & PXIL almost after eight years. With the