Delhi announces its final RPO regulation
The most awaited RPO regulations was finally announced by Delhi Electricity Regulatory Commission (DERC) for the capital region. Like RPO regulations of other states, DERC also came out with a similar one. The RPO regulation is applicable to: Distribution Licensee(s) operating in
Andhra Pradesh announces its Solar Policy
The government of Andhra Pradesh recently announced its State Solar Policy. The policy seems to be very attractive and will bring more solar developers into the state. The policy does not announce any feed in tariff or competitive bidding
REC Trading Report – September 2012
Non-solar RECs Prices remained at floor price this month as supply has remained far in excess of demand. The over-supply situation has persisted for the last few months – this month 7.11 lakh RECs were bid for sale (up 13% from
Wind industry in Tamil Nadu gets attractive after rise in APPC
The wind industry gets more attractive after the announcement of new Average Pooled Power Cost in Tamil Nadu.There has been 7.17 % hike over the previous APPC price of Rs 2.39 per unit. The new price from now onwards will
REC Trading Report – August 2012
Prices crashed to Rs 1,500 on IEX and Rs 1,555 on PXIL; a fall of 25% and 29% respectively over last month. This price fall was driven by a significant over-supply situation – close to 6.27 lakh RECs (33% increase
REC Trading Report – July 2012
Demand fell off the cliff this month, mainly driven by enforcement concerns and expectations of price fall in the future (due to increasing supply). Aggregate demand reduced to 161,000 RECs from 350,000 last month (-54%). On the other hand, supply
REC Trading Report – June 2012
REC trading for June was conducted today (June 27, 2012). Compared to last month, there were a few surprises: Supply exceeded demand for Non-Solar RECs for the first time since start of trading Demand for Solar RECs grew significantly Detailed analysis of Non-solar
First Solar RECs Issued to M&B Switchgear; Expected to Trade in May
M&B Switchgear Ltd, which owns and operates a 2 MW solar PV plant in MP was issued 249 Solar RECs today. This is the very first issuance of Solar RECs in India. These Solar RECs are expected to be traded
DERC to mandate the use of Renewable Energy in Delhi by 2%
To encourage the use of renewable energy in New Delhi, DERC is ready to announce a 2% RPO for the Discoms in New Delhi. DERC is revising the domestic tariff for the financial year 2012-13 . In a recent article
MPERC rejects petition to reduce Solar RPO
In a recent petition filed by MP power trading Co.Ltd , Jabalpur requesting MPERC to waive the renewable purchase obligation targets for Solar energy for FY 2011-12 and FY 2012-13. The petitioner stated that no solar power plant has been