MERC relaxes RPO compliance for BEST
MERC had notified the Maharashtra Electricity Regulatory Commission (Renewable Purchase Obligation, its Compliance and Implementation of Renewable Energy Certificate Framework) Regulations, 2010 (‘RPO-REC Regulations’) on 7 June, 2010. As per this regulation, following are the RPO targets for all obligated
Rec Trade Results March 2015
We are pleased to share the Result of REC trading for the month of March-15. Solar RECs – Overall market clearance remained optimistic this time, with good demand at PXIL and overall good clearance at both the exchanges. Demand rose from
REC Trade Results Feb 2015
We are pleased to share the Result of REC trading for the month of FEB-15. Solar RECs – Overall market clearance remained optimistic this time, with steep rise in demand at PXIL and overall good clearance at both the exchanges. Demand
CERC: REC Regulation 3rd Amendment
We are pleased to inform that Hon'ble CERC has finalized a much awaited 3rd Amendment on REC Mechanism. The Central Commission has laid out following changes through this legislation/order: REC Regulation (3rd Amendment) | Order on Vintage Multipler | Statement of
REC Trade Report of December Trading Session
Non Solar RECs In November 2014, demand improved substantially over the previous month, closing over 3 Lakh. Clearing ratios showed significant improvement over the last month. The closing balance of REC inventory for Non- Solar RECs did not show much rise.
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
REC Trading October 2014 Results
REC trading session of Oct -14 was conducted on 29th Oct 2014. Below is a summary of the result:- The Total closing balance for the October Trading session was around 11 Million RECs. The RECs inventory is piling up and
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
REC Trading Report August-2014
REC trading session of August-14 was conducted on 27th August 2014. Below is a summary of the result:- Demand continues to be lack-lusture. Overall demand was 50681 for non-solar RECs, and 1163 solar RECs. Overall market clearing ratio for Non-solar RECs
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