REC Trading Report – June 2014
REC trade session for June 2014 was conducted on 25th June 2014. The following is a summary of results - The total transactional value of non-solar RECs was INR 208.8 million and for solar RECs it was INR 15.4 million. The
Andhra Pradesh declares APPC for FY15
Hon’ble Andhra Pradesh Electricity Regulatory Commission (APERC) in an order (DATED – 31 MAY 2014) has determined the APPC for FY 14-15. The definition of the APPC being followed by APERC can be read as – ‘Pooled Cost of Power Purchase (PCPP)’
Himachal Pradesh proposes APPC for FY 2014-15
HPSEBL has filed a petition before Himachal Pradesh Electricity Regulatory Commission (HPERC) seeking APPC determination for FY 2014-15. The definition of APPC followed by HPERC can be read as – The weighted average pooled price at which the Distribution Licensee has purchased
Madhya Pradesh determines APPC for FY15
Madhya Pradesh Electricity Regulatory Commission (MPERC) has finally unveiled its APPC rate for financial year 2014-15. MPERC follows this definition of APPC (which is in line with that of CERC) - for the purpose of these regulations ‘Pooled Cost of Purchase’
REC Trading Report – May 2014
Demand and clearing ratios touched one of the lowest points in three years. Non-solar RECs: Demand in May was 29,255, compared to 79,354 in April (down 63% over April) and down 45% from May of last year. The last time demand was
Delhi discoms request to waive RPO of FY13
Delhi discoms have requested to DERC, to waive RPO targets of FY13. This request was put forward by discoms in their respective ARR petitions for FY15. The discoms contend that RPO regulations were introduced in Delhi only in October 2012
REC Trade Report – April 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 30th April 2014. Following is a brief of the analysis: April 2014 was the first month of compliance year FY 2014-15. As expected, the
UERC maintains its tough stand for non-compliance of RPO
Uttarakhand - the only state in the nation to have imposed penalty for non-compliance of RPO, has once again stood by its tough stand in the order dated - 22nd Jan 2014. In the order (refer) - UERC has considered UPCL’s
UERC order on RPO compliance for co-gen based CPPs
Uttarakhand Electricity Regulatory Commission (UERC) on April 10th 2014, released a joint order in case of 9 captive power producers, having co-generation units. The petitioners (CPPs with co-gen plants) in reply to show-case notice issued by commission (UERC) on 12th
Karnataka APPC for FY 2014-15
Karnataka electricity regulatory commission (KERC) has finalized the average pooled purchase cost (APPC) for FY 2013-14. The finalized APPC of FY14 is Rs. 3.14 per unit, on the basis of audited accounts data furnished by ESCOMs, which is up by