Telangana releases draft RPO policy for the first time
Telangana State Electricity Regulatory Commission (TSERC) has released draft regulations for the compliance of Renewable Purchase Obligations for the state. These regulations are first of its kind in the state. Before this, the state was following RPO percentages determined by
REC TRADE RESULTS DECEMBER 2017
This month’s trading session saw highest ever trade in the REC markets - 2nd time in a row after the record trading session last month. Non-solar demand was significantly higher than in December 2016, and also last month. In total 52.17
REC TRADE RESULTS NOVEMBER 2017
Non-solar demand was significantly higher than inNovember 2016, and also higher than last month. In total 22.07 lakh RECs were traded (745% higher than November 2016, and 353% higher than in October 2017), and clearing ratios on IEX and PXIL
REC TRADE RESULTS OCTOBER 2017
Non-solar demand was significantly higher than in October 2016, and also higher than last month. In total 4.87 lakh RECs were traded (90.78% higher than October 2016, and 27.51% higher than in September 2017), and clearing ratios on IEX and
VALIDITY OF RECS WHICH WERE ABOUT TO GET EXPIRED BETWEEN OCTOBER '17 AND MARCH '18 GETS EXTENDED BY SIX MONTHS
The Central Electricity Regulatory Commission (CERC) has in its order dated 29/08/2017, declared that those Renewable Energy Certificates (RECs) which were expiring between 1st October 2017 and 31st March 2018 are now going to remain valid till 31st March 2018.
REC TRADE RESULTS SEPTEMBER 2017
Non-solar demand was significantly higher than in September 2016, and also higher than last month. In total 3.82 lakh RECs were traded (47.56% higher than September 2016, and 32% higher than in August 2017), and clearing ratios on IEX and
REC TRADE RESULT AUGUST 2017
Supreme Court allowed conditional trading of Non-solar RECs in an order dated July 14, 2017 . Demand was expected to be low for two reasons - 1) obligated entities are required to pay at old RECs rate (Rs 1500/ REC);
REC TRADE RESULT JULY 2017
Supreme Court allowed conditional trading of Non-solar RECs on July 14, 2017 (our blog on the same can be accessed here). Demand was expected to be low for two reasons - 1) obligated entities are required to pay at old
SUPREME COURT ALLOWS CONDITIONAL TRADING FOR NON SOLAR RECs
The matter of CERC’s order on new RECs pricing and the stay granted by the SC on trading, another hearing was held in Supreme Court on 14th July 2017. Main highlights of the Order: An Intervention appeal was filed requesting obligated entities
SUPREME COURT ORDERS STAY ON REC TRADING
After the Central Electricity Regulatory Commission’s (CERC) order dated 30th March 2017 on reduction of prices for RECs, many REC-generating companies had filed petitions stating that they had incurred a loss as vintage multiplier was not provided. They had first