REConnect Newsletter Volume 40 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 40 - our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. Key points covered in this newsletter are: 1) Two important announcements - Infuse Ventures - a
REC Trade Report – March 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th March 2014. Following is a brief of the analysis: With this trade session, a 12-month long financial year FY 2013-14 comes to
Rajasthan proposes amendment to RPO regulations
Hon'ble Rajasthan Electricity Regulatory Commission (RERC) has recently proposed an amendment to its principal RPO regulations. Comments have been invited by all stakeholders no later than 18th March 2014. Link to the proposal - http://rerc.rajasthan.gov.in/cnpl/PDFs/REC.pdf These changes, if incorporated into the RPO
REConnect Newsletter Volume 39 – OPEN ACCESS
We are pleased to present the 39th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Detailed analysis of the bidding under JNNSM Phase 2 by solar industry export Shri Gopal Somani Various regulatory updates including review of revised procedures
Govt. pushes for stronger RPO enforcements
The Ministry of New & Renewable Energy (MNRE) has written to Ministry of Power (MoP) to include stronger enforcement provisions in the Electricity Act itself, which at present is absent. An article in Business Standard, quoted Joint Secretary of MNRE saying
Gujarat DISCOMs approach CERC to seek REC benefits
Gujarat Urja Vikas Nigam Limited (GUVNL) on behalf of DISCOMs , had approached Hon'ble CERC for certain amendments to REC regulations, enabling the former to claim solar RECs as "Eligible Entity" for excess procurement over & above the stipulated RPO
CERC reduces REC issuance fee payable to NLDC
In an order dated 05.02.2014. the apex electricity regulator CERC extended the existing fees and charges chargeable by the central agency (NLDC) for registration of REC projects till 31.03.2014. The decision was taken by CERC after scrutiny of audited accounts
REConnect Newsletter Volume 38 – OPEN ACCESS
We are pleased to present the 38th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Details of landmark order from UERC for imposing penalty for non-compliance of RPO . Analysis of draft of CERC RE tariff order. Various regulatory updates
Uttarakhand penalizes UPCL for non-compliance of RPOs
After a prolonged wait and significant suffering of RE stakeholders, finally, a regulatory body has shown its true strength and purpose by imposing the penalty on an RPO defaulting entity – a first ever penalty imposed on any obligated entity
Andhra Pradesh declares APPC for FY 2013-14
An order dated 28th December 2013, for determination of APPC of FY 2012-13 (for FY 2013-14), considered 6,88,79.12 MUs of power bought at 22,594.78 crore INR by discoms of the state. Accordingly the APPC for FY 2013-14 is finalized to be