HERC announces amendments to the Renewable Purchase Obligation Regulations 2017
Haryana Electricity Regulatory Commission recently announced partial amendments to the (Terms and Conditions for determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation and Renewable Energy Certificate) Regulations, 2017. This is the second amendment of the regulation. The new
REC trade result – June 2019
The June trade session saw an upward trend in both solar & non-solar. However, demand continued to exceed supply both in the case of solar & non-solar. Non-Solar: This session the RECs were traded at the price of INR 1555 at
Indian Power Sector goes under a major change, NTPC and Power Grid sign MoU
The power sector of India is expecting a major change in the country as two leading Public Sector Utilities - National Thermal Power Corporation & Power Grid Corporation of India form a Joint Venture to set up a National Electricity
DERC announces final guidelines for (Group Net Metering & Virtual Net Metering for Renewable Energy) 2019
Delhi Electricity Regulatory Commission has issued the final guidelines for implementation of Group Net Metering & Virtual Net Metering framework under DERC (Net Metering for Renewable Energy, 2014).) The draft guidelines were issued in December 2018. The Group Net Metering
India launches first-ever emission trading program for particulate matter
In a recent development, India has become the first country in the world to initiate an Emission-based Trading program. The pilot program will take place in Surat city of Gujarat, where approximately 350 factories mostly (Dye, Textile & Diamond processing)
Analysis of the Rajasthan High Court Order in Petition Challenging the Validity of the DSM Regulations
The Rajasthan High Court pronounced its judgment recently in a petition that challenged the validity of the Forecasting, Scheduling, and Deviation Settlement Mechanism regulations 2017, of the state (referred to as “DSM Regulations”). In the petition, wind generators had argued
REC trade result – May 2019
The May trade session saw an increase in traded volume compared to the last trading session. However, since demand continues to exceed supply, prices remained firm in case of solar, whereas the non-solar prices saw a dip. Non-Solar: This session the
BERC penalizes state DISCOMs over unfulfillment of RPO obligations
In a recent petition filed by BSPHCL on behalf of NBPDCL & SBPDCL, seeking approval for deviation to fulfill the obligation of RPO for FY 2018-19, the commission has rejected the plea and has not allowed the discoms to carry
Haryana announces its final DSM regulations for wind and solar, 2019
Haryana Electricty Regulatory Commission announced the DSM regulations for wind and solar, 2019 along with the statement of reasons recently post the draft discussion paper in 2018. The summary of the regulations is as below: Title: Haryana Electricity Regulatory Commission (Forecasting,
CERC issues draft Deviation Settlement Mechanism and related matters – fifth amendment, regulations, 2019
CERC recently notified draft DSM & related matters amendments after MSEDCL, MPPMCL, & WBSEDCL filed a petition before the Delhi High Court challenging the legality & validity of certain provisions on the DSM 4th amendments, regulations 2018 which were notified