APTEL directs NLDC to issue RECs from COD
Appellate Tribunal of Electricity (APTEL) in its order dated 28.11.2014, has directed NLDC to issue Renewable Energy Certificates (RECs) from the date of commercial operation (COD). As per the recent CERC amendment dated 10.07.2013 to REC Regulation, which specifies that the
REC Trading Report November-2014
REC trading session of Nov -14 was conducted on 26th Nov 2014. Below is a summary of the result:- The Total Transaction of RECs were around 300 Million INR in current Trading session. As inferred from closing and opening balance of REC
CSERC’s order on non compliance of RPO by Discoms for the year 2011-12 & 2012-13
Chhattisgarh State Electricity Regulatory Commission (CSERC) passed an order on 15th October 2014 on non compliance of RPO by DISCOM's of Chhattisgarh for the year 2011-12 and 2012-13. In the order CSERC said that they will close this matter of
MPERC imposes penalty for non compliance of RPO
In an order dated 20th October 2014, Madhya Pradesh Electricity Regulatory Commission (MPERC) has imposed a token penalty of Rs. 25,000 for non compliance of RPO. The order is the outcome of the petition filed by M/S Green Energy Association
CERC: 3rd Amendment (Draft) to REC Mechanism
We are pleased to convey that hon'ble CERC has issued 3rd amendment on REC Mechanism. Key highlights of the same are summarized below: Eligibility Criteria A) DISCOMs having met their previous year RPO can also claim RECs for surplus green power purchased. IMPACT:
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
Maharashtra (MSEDCL) Wind Energy Policy, 2014
Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has come up with its wind energy policy in consultation with the MEDA (Maharashtra Energy Development Agency) in order to promote the wind energy generation in the state. The policy was notified on
Kerala Finalizes Solar Rooftop Policy
Kerala State Electricity Regulatory Commission (KSERC) through an order on 10th June 2014, has finalized its policy for solar rooftop systems. The policy is named Grid Interactive Distributed Solar Energy Systems. The policy is aimed at promoting solar power in the
REConnect Newsletter Volume 42 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 42 - our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. Key points covered in this newsletter are: 1) Analysis of Karnataka's solar policy 2) Regulatory updates including