REC TRADE RESULTS JANUARY 2016
RECs demand had been steadily rising in the past few months, but this month’s trading saw a signficant drop in trading volume as compared to last month. Non Solar REC’s and Solar REC’s traded this month were 61.6% lower and 6.79% lower respectively, compared to trading session of December
MERC Determination of Generic Tariff for Renewable Energy for the remaining Tariff Review Period of FY 2015-16
The Maharashtra Electricity Regulatory Commission came up with its Draft order on determination of generic tariff for Renewable Energy for the remaining Tariff Review Period of FY 2015-16, on 1st December, 2015. This Tariff Order will be applicable for New
UDAY Scheme’s Impact on Renewable Energy Sector
The UDAY scheme was launched by the government in November 2015, and so far as met with a good response from the states (16 states representing more than 90% of DISCOM losses has joined) and from industry observers. These cover
REC TRADE RESULTS DECEMBER 2015
The demand response for REC’s saw very good momentum in the December’s trading session. Non Solar REC’s and Solar REC’s traded this month were 288% higher and 29.8% lower respectively, compared to trading session of November. The total transaction value of REC’s hit a sum total of Rs 156 crores, compared
MPERC waives off past Solar RPO
In a recent order, MPERC has waived off past solar RPO for its Discom’s. This comes despite ApTel’s judgment specifically disallowing waive-offs, and CAG’s remark about states not meeting RPO regulations. Even more telling is the fact that India is playing a
REC Trade Results November 2015
RECs demand has been steadily rising, and this month results have been very encouraging. Non Solar REC’s and Solar REC’s traded this month were 9.5% and 533% higher compared to trading session of October. The total transaction value of REC’s hit a sum total of Rs 65.5 crores, compared to Rs. 36.5
REC Trade Results September 2015
Demand for both Solar and Non Solar REC’s remained lackluster in this trading session. A sum total of 1, 93,619 Solar and Non Solar RECs were sold in the current trading session. The total transaction value of REC’s was a paltry Rs.35.1 crores. Analysis of
Maharashtra: RPO Compliance and target for 2015-16
The Maharashtra Energy Development Authority submitted the RPO settlement data for MSEDCL on 14th September, 2014. There have been major shortfalls in meeting RPO targets. As for the total RPO targets set, a comparison below shows that MEDA had exceeded
REC Trade Results July 2015
July’s trading session saw a stagnant response from the demand side. Though, the current demand while comparing it to previous year’s session of July was 3 times higher in Solar and 5 times in Non Solar segment, it indicated a
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