Reinstatement of Accelerated Depreciation benefit for wind and its impact on the Renewable Energy Industry
Earlier last month, when the Union Budget was presented, there was a mention of reinstatement of Accelerated Depreciation ( AD ) for Wind Energy generators, in the Hindi version of the budget, whereas it found no mention in the English
REC Trading Report July-2014
REC trading session of July-14 was conducted on 30th July 2014. Below is a summary of the result:- The total transaction value of non-Solar RECs reached 47.7 INR million and for Solar RECs was 61.5 INR million. The closing balance of
Forum of Regulators discusses Issues of RPO
Forum of Regulators (FOR) held its 41st meeting on 27th June 2014, in Delhi. The Ministry of New and Renewable Energy (MNRE), through a presentation, raised several issues concerning Renewable Purchase Obligation (RPO). The Key issues highlighted in the presentations are
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
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
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