Five More States to Kick Start Power Sector Reforms
In addition to Meghalaya, Goa and Uttarakhand, five more states would be signing a joint statement of reforms with the Central Government in order to enable 24×7 power supplies to consumers. The states Rajasthan, Andhra Pradesh, Jharkhand, Chhattisgarh and Assam
Analysis of the 5th Amendment to REC Regulations
Background: Recently, CERC proposed the 5th amendment to REC regulations. The gist of proposed changes is: Captive generators and portion of power for self-consumption will no longer be eligible for RECs If an open access (OA) project avails concessional wheeling, banking or cross-subsidy
REConnect Newsletter Volume 52 (June 2015) – OPEN ACCESS
Dear Reader, We are please to present OPEN ACCESS - our monthly newsletter that covers important developments in the renewable energy markets. This month's newsletter covers: Detailed analysis of the 5th Amendment to REC regulations proposed by CERC. This amendment will have
MPERC Retail Tariff for FY 15-16
Madhya Pradesh Electricity Regulatory Commission (MPERC) through an order dated 17th April 2015 has finalized the retail tariff for the state for FY 15-16. The tariff defined by the commission are given below: The tariff given by the commission for industrial consumer
KERC Hikes Tariff for FY 15-16 (Open Access Getting Costlier)
The Karnataka Electricity Regulatory Commission (KERC) has approved the new tariff and open access charges for FY 15-16. The tariff for industrial consumers has been increased by 15 paisa per unit, while increase in the tariff for commercial consumers is
TNERC Hikes Power Tariff In the State
Cost of buying electricity from DISCOMs has become costlier for the Commercial & Industrial consumers in the state of Tamil Nadu. Considering the directives of the Hon’ble APTEL, the National Tariff Policy and in Exercise of the powers vested in
Stricter penalties in Electricity (Amendment) Act: Piyush Goyal (Power Minister)
The Power Ministry will soon come up with the Amendment in the Electricity Act 2003, which will have strict penalties. The proposed amendment is likely to be presented in the parliament during ongoing winter session. “We’re looking at presenting amendments to
REC Trading Report September-2014
REC trading session of Sept-14 was conducted on 24th Sept 2014. Below is a summary of the result:- The Total Transaction value for Non Solar REC stood at 34 INR million and for Solar RECs at 12.7 INR million. The overall
REConnect Newsletter Volume 43 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 43 – our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. The main article covers: The government announced the re-introduction of Accelerated Deprecaition for wind projects. This
RERC Approves APPC for Rajasthan Discoms
Rajasthan Electricity Regulatory Commission (RERC) in its orders dated 21st July 2014, has approved the Average Power Purchase Cost (APPC) for its DISCOM’s. Honourable commission approved APPC of FY 12-13 & FY 13-14 for Jodhpur Discom and APPC of FY