Karnataka APPC to remain the same till June 2013
KERC issued a gazetted notification dated 02.04.2013, in which it has notified that the pooled cost of power purchase as determined vide its notification dated 27.06.2012 as Rs. 2.60 per unit will remain in effect till 30th June 2013. The notification
First amendment to Chhattisgarh’s REC RPO regulations
Chhattisgarh State Electricity Regulatory Commission (CSERC) recently brought an amendment to their RPO –REC regulations . The amendment mainly highlights the issue raised by obligated entities where there is an excess purchase of renewable energy/renewable energy certificates. They have requested
Punjab releases NRSE Policy 2012
Punjab released their renewable energy policy ‘New and Renewable Sources of Energy (NRSE) Policy – 2012’ on 26th December, 2012 with an objective to develop and promote new and renewable sources of energy
REC Trading Report – February 2013
Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains
REC Trading Report – December 2012
Non-solar RECs Volume increased significantly from the lows of November. Total traded volume was 273,644 in December (up from 132,352 in November; 108% increase). Supply continued to increase. Total sell bids exceeded 14.5 lakh RECs (up 18% from last month). The demand-supply
Gloomy weather over REC market
Last month's REC trading session has brought the REC market on the verge of vanishing soon. With no sign of strict enforcement happening and a drop of 40% demand shows that the obligated entities have the least interest to participate
Hike in GBI for wind power projects
According to Bloomberg's article, the wind farms in India will receive a hike in their subsidy ( from 50p to 80p for per unit of the electricity generated). Under the Operational Guidelines for implementation of "Generation Based Incentive
REC trading report- November 2012
Non-solar RECs Volumes reduced sharply and prices remained at floor price for the third month.(Rs.1500/REC at IEX and PXIL; from September). Only 1.32 lakh RECs were redeemed this month (down by 41% from last month). The total supply was more than
Private Equity investment in cleantech reduces sharply
According to The Business Standard, private equity (PE) investments in clean technology projects have almost halved this year. This year the RE sector had 12 PE investments worth around $396 million whereas last year there were 36 PE deals worth
Proposal for benchmark capital cost of Solar PV projects for FY13-14
Central Electricity Regulatory Commission(CERC) recently announced the new benchmark prices for the Solar Projects (PV & Thermal) for the year 2013-14. For Solar PV projects it will be Rs.8 crore/MW (-20% from 2012-13) and for Solar Thermal projects it will